Bill introduced aims to end tax breaks for employers trying to influence employees against unions
From Nasdaq: 2025-04-17 11:51:00
H.R. 2692: No Tax Breaks for Union Busting (NTBUB) Act was introduced on 2025-04-07 with 125 cosponsors. The bill aims to eliminate tax deductions for expenses incurred by employers when influencing employees on labor organizations. Key provisions include reporting requirements, penalties for non-compliance, and exceptions to deductions.
The primary purpose of the No Tax Breaks for Union Busting (NTBUB) Act is to end tax incentives for employers trying to sway employees’ decisions on union involvement. It aims to protect workers’ rights to freely choose labor organizations without employer interference, affecting collective bargaining processes.
If passed, the NTBUB Act would deny tax deductions for expenses related to influencing employees about labor organizations, impacting employer spending on activities like meetings and training. Companies failing to report this information could face penalties starting at $10,000, with exceptions for certain communications and grievance processes.
The bill also includes findings highlighting employer interference in union activities, aiming to protect workers’ rights to organize. It proposes changes to tax deductions that could affect companies like Amazon, Alphabet, Walmart, and Tesla, known for their labor dynamics and union discussions.
Representative Donald Norcross recently proposed the NTBUB Act, along with other bills like H.R.2736 and H.R.2151, focusing on public employee rights, seizure awareness, and parity enforcement. Quiver Quantitative estimates Norcross’s net worth at $6.5M, making him the 112th wealthiest in Congress, with $243.3K invested in publicly traded assets.
Read more at Nasdaq: New Bill: Representative Donald NorcrossDonald Norcross introduces H.R. 2692: No Tax Breaks for Union Busting (NTBUB) Act