Bill116th CongressFiled Feb 14, 2019Taxation
H.R. 1294
Employee Profit-Sharing Encouragement Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Feb 14, 2019)
Employee Profit-Sharing Encouragement Act of 2019
This bill denies certain employers a tax deduction for the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year.
What just happenedFeb 14, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Watson Coleman, Bonnie [D-NJ-12](D-NJ)Sponsor
6 cosponsors6 D
6cosponsors1committees3actions4subjects
- Introduced in HouseFeb 14, 2019
- Feb 14, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 14, 2019IntroReferralIntro-H
Introduced in House
- Feb 14, 2019IntroReferral1000
Introduced in House