The bill amends the General Laws in Chapter 28-39 entitled "Temporary Disability Insurance — General Provisions," updating definitions and provisions related to temporary disability insurance. It clarifies legal language by changing references from "chapters 39 — 41" to "chapters 39 through 41" and expands the scope of "benefit" and "benefit rate" to include "or reasons allowed under this title." Definitions for terms such as "base period," "average weekly wage," and "benefit year" are specified, and a new section 28-39-26 introduces penalties for employers or self-employed individuals who fail to file reports or pay contributions. The bill also adjusts the taxable wage base and sets a cap for calendar years starting in 2024.

Furthermore, the bill mandates that self-employed Rhode Island residents must meet quarterly reporting and contribution requirements to be eligible for benefits, with penalties for non-compliance. It defines "wages" to include self-employment earnings for those covered by the program and revises the weekly benefit rate calculation. The maximum weekly benefit rate for individuals will be 75% of their average weekly wage for benefit years beginning on or after January 1, 2024. The bill also amends the Medical Leave Act and the Rhode Island parental and family medical leave act, allowing employers to require employees to take any temporary caregiver benefits concurrently with federal or state medical leave. These changes are set to take effect on January 1, 2024.