H.R.2814 - Corporate Responsibility and Taxpayer Protection Act of 2017115th Congress (2017-2018)
|Sponsor:||Rep. Khanna, Ro [D-CA-17] (Introduced 06/07/2017)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 06/07/2017 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2814 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (06/07/2017)
Corporate Responsibility and Taxpayer Protection Act of 2017
This bill amends the Internal Revenue Code to impose a tax on large employers whose employees receive certain federal benefits during the year. A "large employer" is an employer who employed an average of at least 500 full-time employees on business days during the preceding year.
The tax is equal to the benefits that the employees receive under: (1) the Supplemental Nutrition Assistance Program (SNAP, formerly known as the food stamp program), (2) the school lunch and school breakfast programs administered under the Richard B. Russell National School Lunch Act and the Child Nutrition Act of 1966, (3) section 8 of the United States Housing Act of 1937, and (4) Medicaid.