As anticipated, The Jobs for Main Street Act of 2010 passed the Senate today with 70 votes yea, 28 nay, and 2 not voting. If you’re interested in the political party statistical breakdown, the yea votes included 12 Republicans. The nays included only one Democratic. The not-voting crowd included one Democrat and one Repubilcan.
Details are published on the Senate’s website, updated every 20 minutes.
The bill will now go back to the House, where it is expected to pass. From there, it could be on President Obama’s desk within just a few days. Please see my previous posts for a summary of what this bill means for employers.
February 20th – Jobs for Main Street Act of 2010 – Vote Schedule for Monday
February 22nd – Senate Votes to Limit Further Debate on Senator Reid’s New Tax Credits
Jobs for Main Street Act 2010 Passed By Senate Now Goes to House
Tagged under:
Payroll Tax Forgiveness, Payroll Tax Holiday, Unemployed Workers, Work Opportunity Tax Credit, WOTC
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