US SB502 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 27 2009 - 25% progression, died in chamber
Action: 2009-02-27 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 27 2009 - 25% progression, died in chamber
Action: 2009-02-27 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Older Worker Opportunity Act of 2009 - Amends the Internal Revenue Code to allow employers who provide health and retirement benefits to their employees a tax credit for 25% of the first $6,000 of wages paid to individuals age 62 or older participating in a flexible work program. Terminates such credit after 2012.
Title
Older Worker Opportunity Act of 2009
Sponsors
| Sen. Richard Durbin [D-IL] | Sen. Herb Kohl [D-WI] | Sen. Blanche Lincoln [D-AR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-02-27 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4591 (Related) 2010-02-23 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Subjects
Aging
Employee benefits and pensions
Health care costs and insurance
Health care coverage and access
Income tax credits
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/502/all-info |
| Text | https://www.congress.gov/111/bills/s502/BILLS-111s502is.pdf |
