S. 1045 · 111th Congress
POWER Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LincolnSponsorNo cosponsors.
Providing Our Workforce with Education and Re-training Act of 2009 or POWER Act of 2009 - Amends the Internal Revenue Code to allow a general business tax credit for up to 25% of the cost of technical training for employees performing services in a trade or business of the taxpayer.
What it does: CRS summary · Introduced in Senate · May 14, 2009
Providing Our Workforce with Education and Re-training Act of 2009 or POWER Act of 2009 - Amends the Internal Revenue Code to allow a general business tax credit for up to 25% of the cost of technical training for employees performing services in a trade or business of the taxpayer. Limits the amount of the credit to $1,000 for each employee, reduced by credit amounts for all prior taxable years.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: POWER Act of 2009
Also known as: Providing Our Workforce with Education and Re-training Act of 2009
Latest action (May 14, 2009): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: May 14, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.