SB 23-046

Senate Bill 23-046, which was approved and signed into law by the governor on March 23, 2023, changes how paid family and medical leave benefits are calculated in Colorado. Previously, these benefits were based only on wages from the specific job an individual was leaving to take time off. Now, the calculation can include wages from all jobs held by that person, providing a more comprehensive benefit amount. This affects anyone who takes paid family or medical leave under Colorado’s program and ensures they receive a fairer wage replacement during their absence. The law is now in effect as of its signing date.

Official Summary

The act eliminates the requirement that an individual's weekly paid family and medical leave benefit be calculated based on the average weekly wage earned only from the job or jobs from which the individual is taking paid family and medical leave. APPROVED by Governor March 23, 2023 EFFECTIVE March 23, 2023 (Note: This summary applies to this bill as enacted.)

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