U.S. Congress - S.829 Patriot Employers Act
S.829 - Patriot Employers Act
A bill to provide a Federal income tax credit for Patriot employers, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to provide a Federal income tax credit for Patriot employers, and for other purposes. as introduced.
- Short: Patriot Employers Act as introduced.
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Official Summary
4/20/2009--Introduced.Patriot Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as a Patriot employer by the Secretary of the Treasury a tax credit for 1% of such employer's taxable income. Defines a "Patriot employer" as any taxpayer who: (1) maOfficial Summary
4/20/2009--Introduced.Patriot Employers Act - Amends the Internal Revenue Code to allow a taxpayer certified as a Patriot employer by the Secretary of the Treasury a tax credit for 1% of such employer's taxable income. Defines a "Patriot 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) observes a policy requiring neutrality in employee organizing drives;
(4) 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;
(5) provides full differential salary and insurance benefits for all National Guard and Reserve employees called to active duty; and
(6) provides its employees with a certain level of compensation and retirement benefits.
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Recent Blog Coverage
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