The Paid Family and Medical Leave Act in New Mexico provides eligible employees and self-employed individuals with paid leave for various family-related reasons, including bonding with a new child and caring for family members. The Act establishes the Paid Family and Medical Leave Fund, administered by the Workforce Solutions Department, which will be financed through contributions from employees, employers, and self-employed individuals. Starting January 1, 2028, eligible applicants can receive up to twelve weeks of family leave and nine weeks of medical leave within a year. The bill amends the Act to clarify eligibility requirements, the application process, and conditions for ineligibility, while also ensuring confidentiality of applicant information.

The bill further mandates that employers allow a combined total of twelve weeks of leave without reducing other entitlements and prohibits retaliation against employees exercising their rights under the Act. It establishes an advisory committee to assist in implementing the Act and outlines procedures for appealing adverse determinations regarding leave applications. Additionally, starting January 1, 2029, the bill requires an annual transfer of six million dollars from the Paid Family and Medical Leave Fund to the general fund, contingent upon future legislative appropriations.