A.I.M. Endorses Voluntary Paid Parental Leave Bill.Business Editors BOSTON--(BUSINESS WIRE)--Sept. 26, 2001 At a public hearing today conducted by the Legislature's Joint Committee on Taxation, Associated Industries of Massachusetts (A.I.M.) an employer association of more than 5,900 Bay State employers, stated its support for HD 4670, An Act Relative to Paid Parental Leave parental leave n. A leave of absence granted to a parent to care for a new baby. , which has been filed by Speaker of the House, Representative Thomas M. Finneran (D-Boston). "By providing a tax credit to eligible companies who implement paid parental leave programs, the Legislature will once again be using the Commonwealth's tax code to encourage companies to engage in positive behavior while rewarding successful companies for that behavior," said John Regan John Regan is an American musician and bassist. He is notable for being a member of ex-KISS guitarist Ace Frehley's band from 1984 to 1992. He has also recorded and performed with Cyndi Lauper, Peter Frampton, John Waite and David Lee Roth. He lives in New York. , A.I.M.'s Vice President for Legislative Policy. In his testimony, Regan pointed out that "The Legislature and the Weld, Cellucci, Swift Administrations have successfully rebuilt the economic fabric of Massachusetts over the last ten years through a deliberate and targeted use of tax policy, especially tax credits, stimulating private investment and creating thousands of jobs." It is A.I.M.'s view that individual companies determine the best course of action benefiting their employees thus allowing companies to remain competitive. While some may have indicated that "competitiveness" is an old and tired argument, for business owners competitiveness is a constant reality. In an expanding economy, being competitive provides an "edge" over others; in a recession, being competitive is the only hope of survival for a company and its employees. The several other proposed paid leave mandates that have already been proposed are blunt instruments Blunt instrument is a legal description of a weapon used to hit someone, which does not have a sharp or penetrating point or edge. Their effect is usually blunt force trauma, to stun, or to break bones. They sometimes kill. that fail to take into account individual company circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or , workforce, and economic reality. As a result, A.I.M. strongly supports HD 4670 because it is voluntary, simple to administer, and is incentive based. MISSION STATEMENT: Established in 1915, Associated Industries of Massachusetts is the largest nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. , nonpartisan non·par·ti·san adj. Based on, influenced by, affiliated with, or supporting the interests or policies of no single political party: a nonpartisan commission; nonpartisan opinions. association of Massachusetts employers. A.I.M.'s mission is to promote the well-being of its members and their employees and the prosperity of the Commonwealth of Massachusetts by improving the economic climate of Massachusetts, proactively advocating fair and equitable equitable adj. 1) just, based on fairness and not legal technicalities. 2) refers to positive remedies (orders to do something, not money damages) employed by the courts to solve disputes or give relief. (See: equity) EQUITABLE. public policy, providing relevant, reliable information and excellent services. |
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