Title IV — Family and Medical Leave Insurance Benefits
IV Family and Medical Leave Insurance Benefits
Sec. 402 Definitions
Sec. 403 Office of Paid Family and Medical Leave
Sec. 404 Family and Medical Leave Insurance benefit payments
Sec. 405 Establishment of Family and Medical Leave Insurance Trust Fund
Sec. 406 Internal Revenue Code provisions
“(c) Family and medical leave insurance
“(1) In general—In addition to other taxes, there is hereby imposed on the income of every individual a tax equal to the applicable percentage of the wages (as defined in section 3121(a)) received by the individual with respect to employment (as defined in section 3121(b)).
“(2) Applicable percentage—For purposes of paragraph (1), the term applicable percentage means 0.2 percent in the case of wages received in any calendar year.”
“(c) Family and medical leave insurance
“(1) In general—In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, equal to the applicable percentage of the wages (as defined in section 3121(a)) paid by the employer with respect to employment (as defined in section 3121(b)).
“(2) Applicable percentage—For purposes of paragraph (1), the term applicable percentage means 0.2 percent in the case of wages paid in any calendar year.”
“(c) Family and medical leave insurance
“(1) In general—In addition to other taxes, there is hereby imposed for each taxable year, on the self-employment income of every individual, a tax equal to the applicable percentage of the amount of the self-employment income for such taxable year.
“(2) Applicable percentage—For purposes of paragraph (1), the term applicable percentage means 0.4 percent in the case of self-employment income in any taxable year.”
“(c) Family and Medical Leave insurance
“(1) In general—In addition to other taxes, there is hereby imposed on the income of each employee a tax equal to the applicable percentage of the compensation received during any calendar year by such employee for services rendered by such employee.
“(2) Applicable percentage—For purposes of paragraph (1), the term applicable percentage means 0.2 percent in the case of compensation received in any calendar year.”
“(c) Family and Medical Leave insurance
“(1) In general—In addition to other taxes, there is hereby imposed on the income of each employee representative a tax equal to the applicable percentage of the compensation received during any calendar year by such employee representative for services rendered by such employee representative.
“(2) Applicable percentage—For purposes of paragraph (1), the term applicable percentage means 0.2 percent in the case of compensation received in any calendar year.”
“(c) Family and Medical Leave insurance
“(1) In general—In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, equal to the applicable percentage of the compensation paid during any calendar year by such employer for services rendered to such employer.
“(2) Applicable percentage—For purposes of paragraph (1), the term applicable percentage means 0.2 percent in the case of compensation paid in any calendar year.”