S.2505: Worker Dividend Act of 2018

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Worker Dividend Act of 2018 This bill amends the Internal Revenue Code to impose a tax on certain publicly traded companies that have at least $250 million in U.S. earnings for the year, buy back securities during the year, and fail to pay employees a worker dividend. An employer covered by the bill must pay to U.S. employees a worker dividend that totals at least the lesser of: (1) the amount paid by the employer to repurchase securities of...

(Source: Library of Congress)

Bill Actions

Date Description
March 6, 2018
Read twice and referred to the Committee on Finance.
March 6, 2018

Introduced in the Senate by Cory Booker (D-N.J.)

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