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Working Families Trade Bonus Act

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1417-1419)

Official summary

Version 00 · Introduced in Senate · Mar 9, 2000

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.

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Who introduced it

Sen. Wyden, Ron [D-OR] · D–OR

Committees

  • Finance Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1417-1419)

  2. Sponsor introductory remarks on measure. (CR S1416-1417)

  3. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.

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Fairness and public impact

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Institutions and government scope

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Individual rights and government power

Liberty lens

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