PAID FAMILY LEAVE ACT

Creates the Paid Family Leave Act. Requires a private employer to provide 4 weeks of paid leave to an employee who takes leave: (1) because of the birth of a child of the employee and to care for the child or (2) to care for a newly adopted child under 18 years of age, a newly placed foster child under 18 years of age or a newly adopted or newly placed foster child older than 18 years of age if the child is incapable of self-care because of a mental or physical disability. Provides that paid family leave shall be provided irrespective of the employer's leave policies and shall be provided to an employee who has been employed by the employer for at least one year. Permits employees to voluntarily waive paid family leave. Provides that the Department of Labor may adopt any rules necessary to implement the Act.