Employees, Employers - As introduced, requires private-sector employers to compensate employees for accumulated paid leave upon separation from service from employment. - Amends TCA Title 8 and Title 50, Chapter 2.
Assigned to General Subcommittee of Senate Commerce and Labor Committee
Summary
The bill requires any private‑sector employer that offers accrued paid leave—such as vacation—to pay employees the cash value of any unused balance when they leave. Payment must be a lump sum at the employee’s final wage rate within 30 days of separation. The rule does not apply to government entities and does not affect collective‑ bargaining agreements.
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