H.R. 1294 · 116th Congress
Employee Profit-Sharing Encouragement Act of 2019
- Stage
- In committee
- Sponsor
- Bonnie Watson Coleman
- Introduced
- 2019-02-14
- Latest action
- 2019-02-14 · Introduced in House
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.