Labor & Employment (Paid Leave)

This bill is a budget proposal addressing a $1 billion revenue shortfall caused by federal job losses (40,000 jobs) over four years. It directly affects DC residents by reallocating funds to key priorities: $30 million for police hiring and crime technology, $2.8 billion for schools, and $160 million for affordable housing. Key mechanisms include reducing the Universal Paid Leave tax from 0.75% to 0.72%, funding tech industry incentives ($2.2 million for DC Tech Ecosystem Fund), and pausing certain building regulations to spur economic growth. The proposal aims to "rightsizing" spending to match revenue growth while maintaining core services like public safety and education. It is part of the Mayor’s FY 2026 budget submission, not a finalized law.