Productivity Incentive Act of 1982

Summary

Productivity Incentive Act of 1982 - Amends the Internal Revenue Code to allow an income tax credit equal to five percent of the payments made by a taxpayer to an employee under a productivity incentive plan. Defines "productivity incentive plan" as a written plan which provides bonuses to employees resulting from increases in a company's productivity or cost-savings.

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Timeline

1. 2 March 1982

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 2 March 1982

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 March 1982

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 2 March 1982

  Open at official source

Sponsors

• Rep. Seiberling, John F. [D-OH-14] · D · Sponsor
• Rep. Petri, Thomas E. [R-WI-6] · R · Sponsor
• Rep. Mitchell, Parren J. [D-MD-7] · D · Cosponsor
• Rep. Lundine, Stanley N. [D-NY-34] · D · Cosponsor
• Rep. LaFalce, John J. [D-NY-29] · D · Cosponsor
• · hswm00 · Standing

Related records

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