Bill Sponsor
Senate Bill 1548
116th Congress(2019-2020)
Prohibiting Incentives for Corporations that Kickout Employees Tax (PICKET) Act
Introduced
Introduced
Introduced in Senate on May 20, 2019
Overview
Text
Sponsor
Introduced
May 20, 2019
Latest Action
May 20, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1548
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
Montana
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
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.

Text (1)
Actions (2)
05/20/2019
Read twice and referred to the Committee on Finance.
05/20/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 5:32:22 AM