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S 2505 115th Congress Senate

Worker Dividend Act of 2018

Official title: A bill to amend the Internal Revenue Code of 1986 to ensure that workers and communities that are responsible for record corporate profits benefit from the wea… Show full official titleShow less

Official title: A bill to amend the Internal Revenue Code of 1986 to ensure that workers and communities that are responsible for record corporate profits benefit from the wealth that those workers and communities help to create, and for other purposes.

Introduced: March 6, 2018 Introduced by: Booker, Cory A. Democratic · New Jersey See on congress.gov
Taxation
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 6, 2018
Read twice and referred to the Committee on Finance.
Mar 6, 2018
Introduced in Senate
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 Latest action March 6, 2018

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Worker Dividend Act of 2018

This bill amends the Internal Revenue Code to impose a tax on certain publicly traded companies that have at least $250 million in U.S. earnings for the year, buy back securities during the year, and fail to pay employees a worker dividend.

An employer covered by the bill must pay to U.S. employees a worker dividend that totals at least the lesser of: (1) the amount paid by the employer to repurchase securities of the employer on the open market during the taxable year; or (2) 50% of the amount by which the employer's U.S. earnings before interest, taxes, depreciation, and amortization exceed $250 million.

Employers who fail to pay a required worker dividend are subject to a tax that is equal to the required dividend.

The bill also specifies that the dividend must be distributed equally to employees and be paid in addition to compensation that the employer would ordinarily pay to employees.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2505: Worker Dividend Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-S-2505/
MLA
"S. 2505: Worker Dividend Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-2505/.
Bluebook (legal)
S. 2505, 115th Cong. (2026), https://openamerica.io/bill/115-S-2505/.
Markdown link
[S. 2505: Worker Dividend Act of 2018](https://openamerica.io/bill/115-S-2505/)
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