House bill · 119th Congress · Latest step: Introduced
Employee Profit-Sharing Encouragement Act of 2025
Official title: To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.
Sponsor: Rep. Bonnie Watson Coleman D-NJWhere it went
- IntroducedDec 3, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Dec 3, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 6418.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mrs. WATSON COLEMAN, as printed in the Congressional Record (Vol. 171, No. 202, December 3, 2025, Page H5027):Article I, Section 8, Clause 18: [The Congress shall have Power . . .] To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.Source: Congress.gov, Congressional Record December 3, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 303 characters
- Congress.gov bill record
- H.R. 6418, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/6418
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
328130220e16d44881b087beb8c6dc0dac39246bd5a4d452f640ea621c9920d9
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of June 11, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 6418, last updated June 11, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
1 cosponsor — 1 Democrat
0 of 1 cosponsors (0%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Bonnie Watson Coleman.
- H.R. 469 (119th) Semiquincentennial Congressional Time Capsule Act
- H.R. 3087 (119th) Civil Rights Cold Case Records Collection Reauthorization Act
- H.Res. 116 (119th) Condemning the pardons for individuals who were found guilty of assaulting Capitol Police Officers.
- H.R. 3376 (119th) Water Affordability, Transparency, Equity, and Reliability Act of 2025
- H.R. 1638 (119th) CROWN Act of 2025
- H.R. 4007 (119th) PHARA Act of 2025
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.