No Tax Breaks for Union Busting (NTBUB) Act

Senate Bill 737 - No Tax Breaks for Union Busting (NTBUB) Act: Overview, Status, and Impact

Hozzl · 2024-01-11T15:00:38Z

Explore the details of Senate Bill 737 No Tax Breaks for Union Busting (NTBUB) Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/11/2024, 3:00 PM

Congressional Summary of S 737

No Tax Breaks for Union Busting (NTBUB) Act

This bill denies employers a tax deduction for any expenditures incurred for attempting to influence their employees with respect to labor organizations or labor organization activities, such as elections, labor disputes, and collective actions.

The bill requires employers to report on their attempts to influence their employees with respect to labor organizations and their activities.

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Current Status of Bill S 737

Bill S 737 is currently in the status of Bill Introduced since March 9, 2023. Bill S 737 was introduced during Congress 118 and was introduced to the Senate on March 9, 2023. Bill S 737's most recent activity was Read twice and referred to the Committee on Finance. as of March 9, 2023

Bipartisan Support of Bill S 737

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 737

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 737

No Tax Breaks for Union Busting (NTBUB) Act

A bill to amend the Internal Revenue Code of 1986 to end the tax subsidy for employer efforts to influence their workers' exercise of their rights around labor organizations and engaging in collective action.