Working Families Trade Bonus Act

Summary

Working Families Trade Bonus Act - Provides for the determination and announcement of whether international trade of the United States contributed to an increase in the gross domestic product of the United States for such calendar year. States that if there is an increase in the portion of the gross domestic product of the United States for any calendar year which is attributable to international trade of the United States workers ought to share in the benefits of the increase through employee stock purchase plans and additional contributions to individual retirement plans for those unable to participate in employee stock purchase plans. Amends the Internal Revenue Code to provide for an exclusion of gain for stock acquired through an employee stock purchase plan when there is a declared trade bonus. Provides that for any year in which there is a declared trade bonus additional qualified retirement contributions may be made. Establishes a credit for small employer stock purchase plan start-up costs.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 9 March 2000

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 9 March 2000

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 9 March 2000

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.