Corporate Responsibility Fee Act of 2017

Summary

Corporate Responsibility Fee Act of 2017 This bill amends the Internal Revenue Code to impose a specified excise tax on certain employers who employ low-wage employees during the taxable year. A "low-wage" employee is an employee who receives wages from the employer that are less than 218% of the federal poverty line. The bill reduces the amount of the tax for employers who provide certain health and retirement benefits to low-wage employees. Government employers, churches, and church organizations are exempt from the tax.

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Timeline

1. 7 September 2017

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 7 September 2017

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 7 September 2017 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 7 September 2017

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 7 September 2017

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 September 2017

  Open at official source

Sponsors

• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• Richard Durbin · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Corporate Freeloader Fee Act