US HB1665 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on March 8 2021 - 25% progression, died in committee
Action: 2021-03-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 8 2021 - 25% progression, died in committee
Action: 2021-03-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.
Title
Employee Profit-Sharing Encouragement Act of 2021
Sponsors
| Rep. Bonnie Coleman [D-NJ] | Rep. Mondaire Jones [D-NY] | Rep. Ilhan Omar [D-MN] | Rep. Cori Bush [D-MO] |
| Rep. Andre Carson [D-IN] | Rep. Jerrold Nadler [D-NY] | Rep. Alexandria Ocasio-Cortez [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-08 | House | Referred to the House Committee on Ways and Means. |
| 2021-03-08 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/house-bill/1665/all-info |
| Text | https://www.congress.gov/117/bills/hr1665/BILLS-117hr1665ih.pdf |
