To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for New Jersey's 12th congressional district. Democrat.
Last Updated: Feb 14, 2019
Length: 5 pages
116th Congress (2019–2021)
This bill was introduced on February 14, 2019, in a previous session of Congress, but it did not receive a vote.
Sep 28, 2018
Earlier Version — Introduced
This activity took place on a related bill, H.R. 6976 (115th).
Feb 14, 2019
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 1294 (116th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 1294. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.
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GovTrack.us. (2021). H.R. 1294 — 116th Congress: Employee Profit-Sharing Encouragement Act of 2019. Retrieved from https://www.govtrack.us/congress/bills/116/hr1294
“H.R. 1294 — 116th Congress: Employee Profit-Sharing Encouragement Act of 2019.” www.GovTrack.us. 2019. January 26, 2021 <https://www.govtrack.us/congress/bills/116/hr1294>
Employee Profit-Sharing Encouragement Act of 2019, H.R. 1294, 116th Cong..
|title=H.R. 1294 (116th)
|accessdate=January 26, 2021
|author=116th Congress (2019)
|date=February 14, 2019
|quote=Employee Profit-Sharing Encouragement Act of 2019
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