text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Corporate Responsibility Fee Act of 
  2017''.
  
  SEC. 2. IMPOSITION OF EXCISE TAX ON CORPORATIONS WITH LOW-WAGE 
                EMPLOYEES.
  
      (a) In General.--Subtitle D of the Internal Revenue Code of 1986 is 
  amended by adding after chapter 36 the following new chapter:
  
                 ``CHAPTER 37--CORPORATE RESPONSIBILITY TAX
  
  ``Sec. 4511. Imposition of tax.
  
  ``SEC. 4511. IMPOSITION OF TAX.
  
      ``(a) In General.--In the case of an applicable employer who 
  employs a low-wage employee during the calendar year, there is imposed 
  a tax equal to the applicable percentage of the aggregate amount of 
  wages paid by the applicable employer with respect to employment of all 
  employees of the employer during the calendar year.
      ``(b) Applicable Employer; Low-Wage Employee.--For purposes of this 
  section--
              ``(1) Applicable employer.--
                      ``(A) In general.--The term `applicable employer' 
                  means, with respect to any calendar year, any employer 
                  who was required to make deposits of taxes under 
                  chapters 21 and 24 (or who would have been required to 
                  make such deposits if the rules of subparagraph (C) 
                  applied for such purposes) by the close of the next day 
                  for periods aggregating more than 180 days during the 
                  preceding calendar year.
                      ``(B) Exception.--Such term shall not include a 
                  Federal or other governmental entity or a church or 
                  qualified church organization (as such terms are 
                  defined in section 3121(w)(3)).
                      ``(C) Aggregation rules.--The rules of subsections 
                  (b), (c), (m), and (o) of section 414 shall apply for 
                  purposes of this section, except that in applying 
                  subsections (b) and (c) of such section, the phrase 
                  `more than 50 percent' shall be substituted for the 
                  phrase `more than 80 percent' each place it appears.
              ``(2) Low-wage employee.--
                      ``(A) In general.--The term `low-wage employee' 
                  means any employee who receives wages from an 
                  applicable employer during the calendar year in an 
                  amount less than 218 percent of the Federal poverty 
                  line (within the meaning of section 2110(c)(5) of the 
                  Social Security Act) for an individual. Rules similar 
                  to the rules of section 36B(d)(3)(B) shall apply for 
                  purposes of this subparagraph.
                      ``(B) Employees employed for less than entire 
                  year.--In the case of any employee employed by an 
                  applicable taxpayer for less than the entire calendar 
                  year, the amount described in subparagraph (A) shall be 
                  reduced by an amount which bears the same ratio to such 
                  amount as--
                              ``(i) the number of weeks during the 
                          calendar year in which such individual was not 
                          an employee of such applicable employer, bears 
                          to
                              ``(ii) 52.
      ``(c) Applicable Percentage.--For purposes of subsection (a)--
              ``(1) In general.--
                      ``(A) Determination.--The applicable percentage 
                  shall be determined as follows:
  
  
  ------------------------------------------------------------------------
   ``In the case of an applicable employer with a low-wage  The applicable
                     employee ratio of:                     percentage is:
  ------------------------------------------------------------------------
  25% or less.............................................             25%
  Greater than 25% but not greater than 50%...............             50%
  Greater than 50%, but not greater than 75%..............             75%
  Greater than 75%........................................           100%.
  ------------------------------------------------------------------------
  
                      ``(B) Low-wage employee ratio.--For purposes of 
                  subparagraph (A), the low-wage employee ratio with 
                  respect to any applicable employer is the ratio 
                  (expressed as a percentage) of--
                              ``(i) the number of low-wage employees 
                          employed by the applicable employer during the 
                          calendar year, to
                              ``(ii) the total number of individuals 
                          employed by the applicable employer during such 
                          calendar year.
              ``(2) Health and retirement offset.--
                      ``(A) In general.--In the case of an applicable 
                  employer who meets the requirements of subparagraph 
                  (B), the applicable percentage shall be reduced (but 
                  not below zero) by 25 percentage points.
                      ``(B) Requirements.--An applicable employer meets 
                  the requirements of this subparagraph if such 
                  applicable employer--
                              ``(i) offers to all full-time low-wage 
                          employees (and their spouse and dependents) the 
                          opportunity to enroll for all months during the 
                          calendar year in minimum essential coverage 
                          under an eligible employer sponsored health 
                          plan (as defined in section 5000A(f)(2)) for 
                          which--
                                      ``(I) the plan's share of the 
                                  allowed costs of benefits provided 
                                  under the plan is not less than 60 
                                  percent of such costs, and
                                      ``(II) the required contribution 
                                  (within the meaning of section 
                                  5000A(e)(1)(B)) of the employee does 
                                  not exceed the applicable percentage of 
                                  the annual wages paid to the employee 
                                  by the applicable employer, and
                              ``(ii) meets the retirement plan 
                          requirements of subsection (d) for all 
                          employees who are low-wage employees.
                  For purposes of clause (i)(II), the applicable 
                  percentage is the percentage in effect under section 
                  36B(c)(2)(B)(II) for the plan year.
      ``(d) Retirement Plan Requirements.--
              ``(1) In general.--The requirements of this subsection are 
          met for any calendar year with respect to an employee of the 
          applicable employer who is a low-wage employee if the employee 
          is eligible to participate in one or more applicable eligible 
          retirement plans maintained by the applicable employer (or any 
          member of the group of employers treated as an applicable 
          employer under subsection (b)(1)(C)) for a plan year ending 
          with or within the calendar year.
              ``(2) Applicable eligible retirement plan.--For purposes of 
          this subsection, the term `applicable eligible retirement plan' 
          means an eligible retirement plan which, with respect to the 
          plan year described in paragraph (1), is either--
                      ``(A) a defined contribution plan which requires 
                  the employer to make nonelective contributions of at 
                  least 5 percent of the compensation of the employee, or
                      ``(B) a defined benefit plan--
                              ``(i) with respect to which the accrued 
                          benefit of the employee derived from employer 
                          contributions, when expressed as an annual 
                          retirement benefit, is not less than the 
                          product of--
                                      ``(I) the lesser of 2 percent 
                                  multiplied by the employee's years of 
                                  service (determined under the rules of 
                                  paragraphs (4), (5), and (6) of section 
                                  411(a)) with the employer or 20 
                                  percent, multiplied by
                                      ``(II) the employee's final average 
                                  pay, or
                              ``(ii) which is an applicable defined 
                          benefit plan (as defined in section 
                          411(a)(13)(B))--
                                      ``(I) which meets the interest 
                                  credit requirements of section 
                                  411(b)(5)(B)(i) with respect to the 
                                  plan year, and
                                      ``(II) under which the employee 
                                  receives a pay credit for the plan year 
                                  which is not less than 5 percent of 
                                  compensation.
              ``(3) Definitions and special rules.--For purposes of this 
          subsection--
                      ``(A) Eligible retirement plan.--The term `eligible 
                  retirement plan' has the meaning given such term by 
                  section 402(c)(8)(B), except that in the case of an 
                  account or annuity described in clause (i) or (ii) 
                  thereof, such term shall only include an account or 
                  annuity which is a simplified employee pension (as 
                  defined in section 408(k)).
                      ``(B) Final average pay.--For purposes of paragraph 
                  (2)(B)(i)(II), final average pay shall be determined 
                  using the period of consecutive years (not exceeding 5) 
                  during which the employee had the greatest compensation 
                  from the applicable employer.
                      ``(C) Alternative plan designs.--The Secretary may 
                  prescribe regulations for an applicable employer to 
                  meet the requirements of this subsection through a 
                  combination of defined contribution plans or defined 
                  benefit plans described in paragraph (1) or through a 
                  combination of both such types of plans.
                      ``(D) Plans must meet requirements without taking 
                  into account social security and similar contributions 
                  and benefits.--A rule similar to the rule of section 
                  416(e) shall apply.
                      ``(E) Certain employees may be excluded.--For 
                  purposes of paragraph (2)(B)(ii), an employer shall not 
                  be treated as failing to meet the requirements of this 
                  subsection with respect to employees--
                              ``(i) who have not attained the age of 21 
                          before the close of a plan year,
                              ``(ii) who have less than 1 year of service 
                          with the employer as of any day during the plan 
                          year,
                              ``(iii) who are covered under an agreement 
                          which the Secretary of Labor finds to be a 
                          collective bargaining agreement if there is 
                          evidence that the benefits covered under the 
                          plan were the subject of good faith bargaining 
                          between employee representatives and the 
                          employer, or
                              ``(iv) who are described in section 
                          410(b)(3)(C) (relating to nonresident aliens 
                          working outside the United States).
      ``(e) Definitions and Special Rules.--For purposes of this 
  section--
              ``(1) Wages.--The term `wages' has the meaning given such 
          term by section 3121(a) (determined without regard to any 
          dollar limitation contained in such section).
              ``(2) Allocation of tax.--The Secretary shall prescribe 
          such rules as necessary for the allocation of the tax imposed 
          by subsection (a) among different entities treated as a single 
          employer under subsection (b)(1)(C).''.
      (b) Conforming Amendment.--The table of chapters of the Internal 
  Revenue Code of 1986 is amended by inserting after the item relating to 
  chapter 36 the following new item:
  
               ``Chapter 37--Corporate Responsibility Tax''.
  
      (c) Effective Date.--The amendments made by this section shall 
  apply to calendar years beginning after the date of the enactment of 
  this Act.
target: Corporate Responsibility Fee Act of 2017  This bill amends the Internal Revenue Code to impose a specified excise tax on certain employers who employ low-wage employees during the taxable year. A &quot;low-wage&quot; employee is an employee who receives wages from the employer that are less than 218% of the federal poverty line. The bill reduces the amount of the tax for employers who provide certain health and retirement benefits to low-wage employees. Government employers, churches, and church organizations are exempt from the tax. 
feat_title: Corporate Responsibility Fee Act of 2017