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HR 5965 110th Congress House Taxation Economics and Public Finance Employee benefit plans Finance and Financial Sector Financial planning Financial services Government Operations and Politics Government contractors Income tax Labor and Employment Personal budgets Small business Subsidies Tax credits

Employers Financial Literacy Act

Introduced: May 5, 2008 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2008
Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 5, 2008
Introduced in House
 Plain-English summary Congressional Research Service

Employers Financial Literacy Act - Amends the Internal Revenue Code to allow small business taxpayers a tax credit for up to 35% of the costs of providing continuing financial education to their employees. Grants a preference to such small businesses in the awarding of federal contracts or assistance.

What's happening now May 5, 2008

Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Committees of jurisdiction 2