Synopsis As Introduced Amends the Unemployment Insurance Act. Provides that a parent on a leave of absence from his or her employer or who left employment to be with his or her child during the first year of life (or during the first year following placement of a child age 18 or less with the individual for adoption) may not be denied compensation on specified grounds. Provides that benefits shall be reduced under certain circumstances. Provides that each employer shall post information relating to the availability of birth and adoption benefits. Provides that any benefits paid under the new provisions shall not be charged to the account of the individual employer. Provides that the Director shall issue a report evaluating the effectiveness of the new provisions. Provides that the new provisions shall be applied consistent with federal regulations. Effective immediately.