US HB2742 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on August 1 2011 - 25% progression, died in committee
Action: 2011-08-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Hire, Train, Retain Act of 2011 - Amends the Internal Revenue Code to: (1) allow non-governmental employers an exemption from, or reduction in, employment taxes during the period beginning on the enactment of this Act and ending on December 31, 2015, for hiring certain unemployed individuals who are trained by such employers in a qualified job training program (an in-house program providing specific training for available jobs offered by such employers), and (2) allow an employer an increase in the business-related tax credit for each worker retained by such employer who was employed on any date during the taxable year for a period of not less than 52 consecutive weeks.

Tracking Information

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Title

Hire, Train, Retain Act of 2011

Sponsors


History

DateChamberAction
2011-08-01HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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