Employee Participation Incentive Act of 1999

Summary

Employee Participation Incentive Act of 1999 - Amends the Internal Revenue Code to: (1) establish a maximum tax rate of 30 percent for certain corporations with both an employee voting and value percentage of at least 20 percent; (2) provide an exclusion, of up to 20 percent of wages, from gross income for compensation paid in stock by certain corporations; and (3) permit a deduction to certain corporations when granting qualified stock options.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 19 January 1999

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• Introduced in House (PDF)

  Introduced in House · EN · 19 January 1999

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• Introduced in House

  summary · EN · 19 January 1999

  Open at official source

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