PAID FAMILY LEAVE-IDES

Creates the Paid Family Leave Program Act. Directs the Department of Employment Security to create a paid family leave program. Provides for premium contributions by both employees and employers. Provides that employees may take paid leave from employment for medical reasons on behalf of themselves and to provide care for family members with a serious medical condition. Allows for paid leave to bond with newborn and newly adopted children. Establishes computation of benefit amounts and contributions by employees and employers toward the cost of the program. Contains provisions regarding the administration of the program. Defines terms.