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H.R. 2742

BillFederalHouseIn Committee
Hire, Train, Retain Act of 2011
About This Bill
Committee
Latest Action · August 1, 2011
Referred to the House Committee on Ways and Means.
Congress
112th (2011–2013)
Introduced
August 1, 2011
Cosponsors (4)
4D 0R
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Summary

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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.

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