H.R.1294: Employee Profit-Sharing Encouragement Act of 2019

About This Bill

Bill Version

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 14, 2019
Referred to the House Committee on Ways and Means.
Feb. 14, 2019

Introduced in the House by Bonnie Watson Coleman (D-N.J.)

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