New Mexico legislators are once again considering the Paid Family Medical Leave Act (PFMLA) for the fifth consecutive year. The proposed legislation aims to allow employees up to 12 weeks of paid leave for personal or family health needs. However, concerns about its financial implications remain.

The New Mexico Business Coalition (NMBC) has expressed opposition to the bill. According to NMBC, both employees and employers would be required to contribute financially, potentially leading to increased financial stress for businesses. "If an employee takes the leave, the employer would have to figure out how to cover their absence for up to 12 weeks—often with no guarantee the replacement won’t take leave, too," they stated.

There are also worries about funding shortfalls that might result in higher taxes if more people opt for this leave than anticipated. "Employees and employers might only pay a small percentage into the fund, but it won’t cover everyone’s wages," NMBC noted.

Small businesses could face significant challenges if PFMLA is enacted. Many are already operating under tight budgets, and additional costs could exacerbate their struggles. NMBC has actively opposed this bill in previous years and plans to continue its efforts.

For those interested in joining NMBC's efforts against PFMLA, they offer resources through weekly emails and Call to Action forms.