Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.1600
H.R.1600: American Profit Sharing Act
About This Bill
- This bill was introduced in the 106th Congress
- This bill is primarily about government operations and politics
- Introduced April 28, 1999
- Latest Major Action May 21, 1999
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
23 (23 Democrats, 1 Independent Democrat)
Bill Summary
American Profit Sharing Act - Permits the provision of Federal contracts and certain Federal subsidies only to businesses which have a stock bonus or profit-sharing plan. Excepts start-up small businesses for one year unless such business has: (1) been in existence for at least ten prior years; (2) more than five full-time employees (or their equivalent) at any time during the year; and (3) a gross income exceeding $5 million.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the Committee on Government Reform, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
|
|
Referred to House Government Reform
|
|
|
Referred to House Education and the Workforce
|
|
|
Referred to the Subcommittee on Government Management, Information and Technology.
|
|
|
Referred to the Subcommittee on Employer-Employee Relations.
|
|
| April 28, 1999 |
Introduced in the House by Chaka Fattah (D-Pa.) |