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United States · Bill · S

S. 1548 (116th)

Prohibiting Incentives for Corporations that Kickout Employees Tax (PICKET) Act

referredUnited States· United States Congress· EN

Introduced

20 May 2019

Last action

20 May 2019 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Tester, Jon [D-MT]

Subjects

Taxation

Source updated

7 April 2025

Taxation

Summary

Prohibiting Incentives for Corporations that Kickout Employees Tax (PICKET) Act This bill increases the corporate income tax rate from 21% to 35% for corporations participating in a labor lockout during the taxable year. A "labor lockout" is a dispute involving a work stoppage, wherein an employer withholds work from its employees in order to gain a concession from them. The bill also denies certain tax deductions and credits for remuneration (including wages or other benefits) paid by the taxpayer to a temporary replacement worker during a labor lockout.

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

Timeline

  1. 20 May 2019

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 20 May 2019

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 20 May 2019

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 20 May 2019

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 20 May 2019

    Open at official source

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Sponsors

Related records

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Sources

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