1294 -- Employee Profit-Sharing Encouragement Act of 2019 | Poliscope

Employee Profit-Sharing Encouragement Act of 2019

1294

116th Congress

Taxation

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

February 14, 2019

Latest Action

February 14, 2019

Primary Sponsor

Bonnie Watson ColemanDemocratic(NJ)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 9,062 other HR bills in the 116th — cohort avg 39d

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.

Lobbying filings that explicitly cite this bill (1)

These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.

Filing registrants (1)

NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES (1)

NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIESclient→NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES

2019 · first_quarter · Taxation/Internal Revenue Code

Open original LDA filing ↗

Cited source text, amounts, lobbyists, and targets

S.4 - A bill to amend the Internal Revenue Code of 1986 to establish a refundable tax credit to increase the take-home pay of American workers and enhance their financial stability, and for other purposes (Kamala Harris) H.R.25 - To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States (Rob Woodall, R-GA) H.R.216 - To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income (Jason Smith, R-MO) H.R.593 - To amend the Internal Revenue Code of 1986 to simplify income tax compliance for small businesses, and for other purposes (Steve Chabot, R-OH-1) H.R.1294 - To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees (Bonnie Watson Coleman, D-NJ-12)