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Also tagged in: Business, Congress, Consumer protection, Consumers, Corporation taxes, Employee health benefits, Employee rights, Environmental protection, Executive compensation, Foreign corporations, Government contractors, Health policy, Income tax, Industrial pollution, Industrial relations, Industrial research, Labor, Labor unions, Medical care, Medicine, Occupational health and safety, Offshore manufacturing, Pension funds, Pensions, Public contracts, Research and development, Science policy, Sunset legislation, Tax evasion, Tax rates, Taxation, Taxation of foreign income, Trade
Latest Action: 08/02/2007 - Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction Bill TextTo provide Federal contracting preferences for, and a reduction in the rate of income tax imposed on, Patriot corporations, and for other purposes. 8/2/2007--Introduced. Patriot Corporations of America Act of 2007 - Grants after 2007 a preference to Patriot corporations in the evaluation of bids or proposals for federal contracts. Defines " Patriot corporation" as a corporation which: (1) produces at least 90% of its goods and services in the United States; (2) does not pay its its management-level employees at a rate more than 10,000% of the compensation of its lowest paid employee; (3) conducts at least 50% of its research and development in the United States; (4) contributes at least 5% of its payroll to a portable pension fund for its employees; (5) pays at least 70% of its employees' health insurance costs; (6) maintains a policy of neutrality in employee organizing drives; (7) provides full differential salary and insurance benefits for all National Guard and [...] show full description
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Latest Legislation - View All
Also tagged in: Business, Congress, Consumer protection, Consumers, Corporation taxes, Employee health benefits, Employee rights, Environmental protection, Executive compensation, Foreign corporations, Government contractors, Health policy, Income tax, Industrial pollution, Industrial relations, Industrial research, Labor, Labor unions, Medical care, Medicine, Occupational health and safety, Offshore manufacturing, Pension funds, Pensions, Public contracts, Research and development, Science policy, Sunset legislation, Tax evasion, Tax rates, Taxation, Taxation of foreign income, Trade
Latest Action: 08/02/2007 - Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction Bill TextTo provide Federal contracting preferences for, and a reduction in the rate of income tax imposed on, Patriot corporations, and for other purposes. 8/2/2007--Introduced. Patriot Corporations of America Act of 2007 - Grants after 2007 a preference to Patriot corporations in the evaluation of bids or proposals for federal contracts. Defines " Patriot corporation" as a corporation which: (1) produces at least 90% of its goods and services in the United States; (2) does not pay its its management-level employees at a rate more than 10,000% of the compensation of its lowest paid employee; (3) conducts at least 50% of its research and development in the United States; (4) contributes at least 5% of its payroll to a portable pension fund for its employees; (5) pays at least 70% of its employees' health insurance costs; (6) maintains a policy of neutrality in employee organizing drives; (7) provides full differential salary and insurance benefits for all National Guard and [...] show full description
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