Stop Bad Employers by Zeroing Out Subsidies Act
Bill Number: S-3410
Introduced in the Senate
The bill needs to pass the Senate and House - and then be signed by the president - to become law.
A bill to amend the Internal Revenue Code of 1986 to impose a tax on employers whose employees receive certain Federal benefits, and for other purposes.
Other names for this bill
This bill is referred to by the bill's author as the BEZOS act. It is an acronym for the bill's name - Stop Bad Employers by Zeroing Out Subsidies.
The name is intended to point out Jeff Bezos - the founder and chief executive of Amazon - a company with thousands of employees who depend on government assistance for their basic needs.
There is a companion bill in the House of Representatives
There is a similar bill in the House of Representatives - the Corporate Responsibility and Taxpayer Protection Act.
This bill effectively would create a cost-of-living wage
This bill would require companies with more than 500 employees to reimburse the federal government for government aid any of their employees receive due to low income.
Programs that companies would need to reimburse the government for include...