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United States · Bill · HR

H.R. 5204 (103rd)

Employee Partnership Reward Act of 1994

referredUnited States· United States Congress· EN

Introduced

6 October 1994

Last action

14 November 1994 · Referred

Status

Referred to the Subcommittee on Labor-Management Relations.

Sponsors

Sen. Wyden, Ron [D-OR]

Subjects

Taxation, Budget

Source updated

23 March 2026

Taxation · Budget

Summary

TABLE OF CONTENTS: Title I: Refundable Income Tax Credit for Nondeferred Distributions from Performance-Based Reward Plans Title II: Establishment of Program to Promote Performance-Based Reward Plans and Employee Decisionmaking Participation Programs Employee Partnership Reward Act of 1994 - Title I: Refundable Income Tax Credit for Nondeferred Distributions from Performance-Based Reward Plans - Amends the Internal Revenue Code to allow eligible employees a refundable income tax credit for nondeferred distributions from performance-based reward plans. Allows employers an additional deduction for performance-based rewards. Directs the Secretary of the Treasury to study and report to the Congress on the effect of such credit in stimulating productivity and full employment. Directs the Secretary of Labor and the Director of the Federal Mediation and Conciliation Service each to: (1) collect statistics on the extent of performance-based reward plans in the United States; and (2) prepare studies describing the nature and terms of these plans. Requires the Director of the Office of Management and Budget to publish annual estimates of annual tax expenditures for deferred profit-sharing plans and employee stock ownership plans. Title II: Establishment of Program to Promote Performance-Based Reward Plans and Employee Decisionmaking Participation Programs - Directs the Administrator of the Small Business Administration to establish and carry out an Employee Partnership Pilot Program. Directs the Administrator to make five-year program grants to up to five eligible entities to promote implementation of performance-based reward plans and employee decisionmaking participation programs. Requires a matching non-Federal share.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 6 October 1994

    Introduced

    Referred to the House Committee on Education and Labor.

    Source: IntroReferral

  2. 6 October 1994

    Introduced

    Sponsor introductory remarks on measure. (CR E2138)

    Source: IntroReferral

  3. 6 October 1994

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 6 October 1994

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 14 November 1994

    Referred

    Referred to the Subcommittee on Labor-Management Relations.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 6 October 1994

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 6 October 1994

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 6 October 1994

    Open at official source

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Sponsors

Related records

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Sources

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