Paid Family and Medical Leave Tax Credit Extension and Enhancement Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 400 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 400 To amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 4, 2025 Mrs. Fischer (for herself and Mr. King) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Paid Family and Medical Leave Tax Credit Extension and Enhancement Act''. SEC. 2. ENHANCEMENT OF PAID FAMILY AND MEDICAL LEAVE CREDIT. (a) In General.--Section 45S of the Internal Revenue Code of 1986 is amended-- (1) in subsection (a)-- (A) by striking paragraph (1) and inserting the followin…