U.S. Congress - H.R.5907 Eagle Employers Act
H.R.5907 - Eagle Employers Act
To provide a Federal income tax credit for Eagle employers, and for other purposes. view all titles (2)
All Bill Titles
- Short: Eagle Employers Act as introduced.
- Official: To provide a Federal income tax credit for Eagle employers, and for other purposes. as introduced.
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Official Summary
4/24/2008--Introduced.Eagle Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as an Eagle employer by the Secretary of the Treasury a tax credit for one percent of such employer's taxable income. Defines an " Eagle employer" as any taxpayer who:Official Summary
4/24/2008--Introduced.Eagle Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as an Eagle employer by the Secretary of the Treasury a tax credit for one percent of such employer's taxable income. Defines an " Eagle employer" as any taxpayer who:
(1) maintains its headquarters in the United States;
(2) pays at least 60% of the health care premiums of its employees;
(3) maintains or increases the number of its full-time workers in the United States relative to its full-time workers outside of the United States;
(4) provides full differential salary and insurance benefits for all National Guard and Reserve employees called to active duty; and
(5) provides its employees with a certain level of compensation and retirement benefits.
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Recent Blog Coverage
The Potential Impact of the Obama Administration on the Labor and ...
Unlike the House of Representatives counterpart (HR 5907), the version of the bill President-elect Obama supported does not give government contracting preference to qualifying companies. In its current form, the Patriot Employer Act ...
bill action: introduced: hr 5907: to provide a federal income tax ...
rep. jim gerlach [r-pa] introduced this bill. [this event matched these trackers: active legislation ]
HR 5907, To provide a Federal income tax credit for Eagle ...
HR 5907 would provide a Federal income tax credit for Eagle employers.... Vote on This Bill: For | Against.
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