Corporate Freeloader Fee Act This bill imposes a specified excise tax on certain employers who employ low-wage employees during the 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
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Corporate finance and managementEmployee benefits and pensionsHealth care costs and insuranceHealth care coverage and accessPoverty and welfare assistanceSales and excise taxesWages and earnings
Corporate Freeloader Fee Act
USA116th CongressS-219| Senate
| Updated: 1/24/2019
Corporate Freeloader Fee Act This bill imposes a specified excise tax on certain employers who employ low-wage employees during the 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.
Corporate finance and managementEmployee benefits and pensionsHealth care costs and insuranceHealth care coverage and accessPoverty and welfare assistanceSales and excise taxesWages and earnings