Fast forward to today, when we finally know when individuals and small businesses alike will start to see this proposition's impact.
Here's everything you need to know (for now) about FAMLI. ⬇️
Overview
What is FAMLI?
The FAMLI program ensures all Colorado workers have access to paid leave so they can care for themselves or their family when life takes them away from their jobs.
How much paid leave is provided?
Eligible employees will receive up to 12 weeks of leave. Those who experience pregnancy or childbirth complications will receive an additional four weeks.
What circumstances qualify under FAMLI?
expanding your family
taking care of a sick loved one
experiencing an accident or serious illness
being called up for military deployment
+ more
When does everything start?
Both employers and employees will contribute premiums for the program.
Employees may start to see a premium contribution from their employers on their pay stubs beginning Jan 1, 2023.
FAMLI will start providing benefits to employees beginning Jan 1, 2024.
How much will it cost?
The premiums are set to 0.9% of the employee’s wage:
.45% paid by the employer
.45% paid by the employee
More Info For ...
Individuals
Most Coloradoans will be eligible after they've earned at least $2,500 in Colorado income within the last four quarters.
Employee contributions will vary depending on how much you earn.
If you're in the food biz, here's some gouda news 🧀 (we couldn't resist): A new Colorado sales tax relief bill is offering limited special deductions for Jul, Aug and Sep 2022.
Is your tax refund still MIA? Head on over to Where's My Refund? to check the status of your return.
