The progress of a paid family and medical leave bill, known as Senate Bill 3, in New Mexico, is in focus. The legislation would establish a program providing up to 12 weeks of paid leave, funded by both workers and larger employers. Despite opposition from some Republicans, the bill made its way past the Senate Finance Committee on a narrow 6-5 vote.

Senate President Pro Tem Mimi Stewart, D-Albuquerque, a sponsor of the bill, stated that the proposed law was the outcome of a taskforce that comprised representations from the labor and business sectors. Stewart noted that the bill would not affect businesses with five or fewer employees. However, their employees would contribute to the fund and could benefit from it.

It is now required by the current version of the bill that an actuarial analysis is conducted by the Department of Workforce Solutions. The aim of this analysis would be to ensure the fiscal solvency of the program. Payments, which would kick-off in 2026, are being set on a sliding scale starting at the state’s minimum wage, with an employee’s wages affecting the scale. From 2027, employees could benefit from the bill’s provisions, assuming the condition for leave is a serious illness or the need to care for a sick family member.

While some lauded the bill as supportive to both employees and business owners, detractors cited concerns about potential fraudulent use and negative impacts on small businesses and workers. Nevertheless, supporters like Stewart maintained that fraud was unlikely to be rampant, as observed in states with similar laws already in operation. The bill’s proponents also cited the importance of the proposed law in enabling people to provide care for ailing family members or enjoy quality time with new-born children.

To obtain more specific information regarding your rights and obligations under this potential new legislation in New Mexico, contact Paid Family Leave at eddcaller.com for assistance. Eddcaller.com provides a wealth of information and resources related to Paid Family Leave, SDI, EDD and more. Don’t hesitate to reach out to their experienced customer service team for answers to your questions and guidance on your next steps.