The Governor of Puerto Rico has signed an order authorizing the establishment of tax rules for distributions from qualified retirement plans and IRAs following Hurricane Maria and other natural disasters.
In an effort to promote workplace flexibility and streamline employer paid leave obligations, three members of the House of Representatives on November 2, 2017 introduced a bill that takes a novel approach to promote work-life balance.
The Secretary of the Puerto Rico Department of Labor and Human Resources has issued a new regulation, effective October 18, 2017, to administer Puerto Rico’s Christmas Bonus Law.
In order to assist in rebuilding and recovery following Hurricane Maria, Puerto Rico’s governor and several agencies have issued multiple exemptions to previously established rules for operations, as well as extensions to multiple deadlines.
On October 12, 2017, California Governor Jerry Brown signed the New Parent Leave Act (SB 63) into law, requiring employers with at least 20 employees to provide employees with 12 weeks of unpaid, job-protected parental bonding leave.
After failing to achieve a legislative solution to "repeal and replace" the ACA, President Trump issued an executive order on October 12, 2017, designed to promote “healthcare choice and competition” by modifying certain healthcare insurance regulations.
On October 4, 2017, the Puerto Rico Department of the Treasury issued Administrative Determination No. 17-21 granting temporary income tax exemptions for employer-provided payments and certain benefits related to Hurricane Maria relief.
