Employers Financial Literacy Act
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.
Other Bill Titles (2 more) 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 awardi... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| May 05, 2008 |
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Blog Coverage
May 04, 2008 Bill Introduced: HR5965 To encourage small businesses to provide ...
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 ...
May 04, 2008 HR 5965, The Employers Financial Literacy Act
HR 5965 would 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 ...








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Preference? How are they given preference? Federal contracts are already having problems with preference. They are going to 'friends.'
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