H.R. 4591 · 111th Congress

Older Worker Opportunity Act of 2010

Stage
In committee
Sponsor
Joe Sestak
Introduced
2010-02-03
Latest action
2010-02-23 · Referred to the Subcommittee on Workforce Protections.

Summary

Older Worker Opportunity Act of 2010 - 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.

Directs the Secretary of Labor to establish a Federal Task Force on Older Workers to promote the hiring and retention of older workers. Requires the Task Force to organize a Conference on the Aging Workforce, which shall include the participation of senior, business, labor, and other interested organizations.