Summary: H.R.6976 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.6976. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/28/2018)

Employee Profit-Sharing Encouragement Act of 2018

This bill amends the Internal Revenue Code to prohibit certain employers from deducting the compensation of highly compensated individuals unless the employer makes profit-sharing distributions to employees during the year.