HB 23-1104

House Bill 23-1104 delays the start of Colorado's statewide paid family and medical leave program by one year. Instead of beginning on January 1, 2024, as originally planned, the program will now start on January 1, 2025. The bill also credits employers for any premiums they paid between January 1, 2023, and March 1, 2023, which can be used to offset future premium payments when the program begins in 2025. Since the bill has been signed into law, this delay is now official, affecting all employers and employees who would have been part of the original timeline for the paid leave program.

Official Summary

On January 1, 2024, the statewide paid family and medical leave insurance program will begin allowing covered individuals to take paid family and medical leave for qualifying reasons. The bill postpones the implementation of this program for one year, to January 1, 2025. The bill requires the division of paid family and medical leave insurance to credit employers for premiums paid between January 1, 2023, and March 1, 2023, as an offset against premiums owed starting January 1, 2024.(Note: This summary applies to this bill as introduced.)