HR 2692 · 119th CongressIn Committeecongress.gov ↗

No Tax Breaks for Union Busting (NTBUB) Act

What this bill does

AI plain-language summary

This bill would stop companies from claiming tax deductions for money they spend trying to influence their employees about labor unions. Companies currently can deduct these expenses as ordinary business costs, but this bill would end that tax break. The bill covers expenses like paying for meetings where unions are discussed, costs related to unfair labor practice complaints, and wages paid during anti-union activities. Companies would have to report these expenses to the government and face penalties of at least $10,000 if they don't comply with the reporting requirements.

Introduced

April 7, 2025

Policy Area

Taxation

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