To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.
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.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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