H.R.5965: To encourage small businesses to provide continuing financial education to their employees by providing a credit against income tax to cover a portion of the costs of providing that education and by giving such businesses and corporations providing such financial education preferential status when applying for Federal contracts, loans, and other assistance.

Please upgrade your Flash Player Home > Federal Government > H.R.5965 Chief Sponsor: Eddie Bernice Johnson Tagged in: Budgets, Employee benefit plans, Finance, Financial planning, Financial services, Government contractors, Income tax, Labor, Personal budgets, Public contracts, Small business, Subsidies, Tax credits, Taxation See all (4 more) Latest Update: Tuesday, December, 02nd 2008 Search Site To encourage small businesses to provide continuing financial education to their employees by providing a credit against income tax to cover a portion of the costs of providing that education and by giving such businesses and corporations providing such financial education preferential status when applying for Federal contracts, loans, and other assistance. 5/5/2008--Introduced. 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. Comment on Bill - Be the first to leave a comment! Latest Actions 05/05/2008 - 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. 05/05/2008 - Referred to House Ways and Means 05/05/2008 - Referred to House Small Business Bill Text File name Last Updated H.R.5965 Introduced in House 05/09/2008

Important People Sponsor Eddie Bernice Johnson Co-Sponsor(s) Albert Russell Wynn Andre Carson Joe Sestak Robert A. Brady Steve Cohen Latest News Searching for articles... You can suggest an article. Paste URL. Articles are subject to approval.