Concerning the requirement that employers offer COVID-19 paid sick leave to their employees, and, in connection therewith, making an appropriation.
On the effective date of the act through December 31, 2020, all employers in the state, regardless of size, are required to provide each of their employees paid sick leave for reasons related to the COVID-19 pandemic in the amounts and for the purposes specified in the federal “Emergency Paid Sick Leave Act” in the “Families First Coronavirus Response Act”.
Starting January 1, 2021, for employers with 16 or more employees, and starting January 1, 2022, for all employers, the act requires employers to provide paid sick leave to their employees, accrued at one hour of paid sick leave for every 30 hours worked, up to a maximum of 48 hours per year.
Call Key2 Accounting for any questions you may have. For more details please visit:
https://leg.colorado.gov/bills/sb20-205
