HR 5965 · 110th Congress 2007–2009, ended

Employers Financial Literacy Act

Fact sheet

Latest action · 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.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 5, 2008
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

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.

Cosponsors 5

Members who signed on, in the order they did. Signatures ran from May 6, 2008 to Sep 17, 2008.

SeatCosponsorSigned on
D-MDAlbert Russell WynnMay 6, 2008
D-TNSteve CohenMay 14, 2008
D-INAndré CarsonJun 3, 2008
D-PARobert A. BradyJul 14, 2008
D-PAJoe SestakSep 17, 2008

Actions 2

Everything that happened, newest first.

  1. May 5, 2008Introduced in House
  2. May 5, 2008Referred 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.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. May 5, 2008Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.