Bill115th CongressFiled Sep 28, 2018Taxation
H.R. 6976
Employee Profit-Sharing Encouragement Act of 2018
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 28, 2018)
Employee Profit-Sharing Encouragement Act of 2018
This bill amends the Internal Revenue Code to prohibit certain employers from deducting the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year.
What just happenedSep 28, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Watson Coleman, Bonnie [D-NJ-12](D-NJ)Sponsor
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- Introduced in HouseSep 28, 2018
- Sep 28, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 28, 2018IntroReferralIntro-H
Introduced in House
- Sep 28, 2018IntroReferral1000
Introduced in House