Sen. Tammy Duckworth (D-IL) is joining other top Democrats including Sen. Charles Schumer (D-NY) and Bernie Sanders (I-VT) in announcing proposed legislation that would give employees paid family and medical leave.

The FAMILY Act would provide up to 12 weeks of paid leave for workers who need time to care for a newborn or adopted child, a seriously ill family member, or their own serious health condition, according to a statement released by Duckworth’s office.

Workers in all companies no matter the size would be covered.

The paid leave would be funded by employee and employer payroll contributions of two-tenths of 1% each or less than $1.50 per week for a typical worker, according to the National Partnership for Women & Families.

Sponsors of the bill say the U.S. economy loses almost $21 billion a year and women lose $324,000 in wages and retirement benefits over a lifetime with no federal paid family leave program in place.

The U.S. currently does not mandate any paid leave for new parents, making it the only country not to do so among a 41-nation pool that includes Japan, France and the UK, according to the Pew Research Center.

California, New Jersey, and Rhode Island each have state laws providing paid leave, and New York will join them in 2018.

Click to the right or bottom of this story to learn more about the FAMILY Act legislation.