In 2017, after being ambushed and shot several times by an unhinged leftist, America discovered that Republican Congressman Steve Scalise (LA) is a fighter. It’s nothing short of a miracle that Representative Scalise was able to see the amazing results of the historic tax reform bill that he was able to vote “Yes” on (that not one Democrat voted for), only months after his near death experience. Rep. Steve Scalise (R-LA) has compiled an incredible list of US businesses that are sharing the benefits of the historic tax cuts, as a result of the GOP tax reform bill with their employees and customers:

3.5 million workers (and counting) are already seeing the benefits of this historic tax cuts bill with businesses across the country that are now giving bonuses, pay raises, and new investments that will get our economy back on track. U.S. companies are paying more than $3 billion in bonuses. Below are just a few of the companies that are taking action as a direct result of the Tax Cuts and Jobs Act.

Here’s the list (so far):

1A AUTO | 1ST SOURCE | AALADIN INDUSTRIES | AAON | ABBVIE | ACCUWEATHER | ADAMS COMMUNITY BANK | ADVANCE FINANCIAL | ADVANCED SCIENCES & TECHNOLOGIES | AFLAC | ALASKA AIR | ALBERT LEA PUBLIC WARFEHOUSE | ALLIANT ENERGY | ALLY BANK | ALTRIA | AMARILLO NATIONAL BANK | AMBOY BANK | AMEREN ILLINOIS | AMERICACOLLECT | AMERICAN AIRLINES | AMERICAN BANK | AMERICAN COMMUNITY BANK | AMERICAN EXPRESS | AMERICAN FAMILY INSURANCE | AMERICAN SAVINGS BANK | ANDYMARK | ANFINSON FARM STORE | ANTHEM | APPLE | APPS PORTAMEDIC | AQUESTA FINANCIAL HOLDINGS | AR-15 GUN OWNERS OF AMERICA | ARIZONA PUBLIC SERVICE | ASSOCIATED BANK | ASSURANT | AT&T | ATLANTIC PACKAGING | ATLAS AIR | AUTONATION | AVANGRID | BALL VENTURES | BALTIMORE GAS & ELETRIC | BANCORP SOUTH | BANK OF ADVANCE | BANK OF AMERICA | BANK OF COLORADO | BANK OF HAWAII | BANK OF THE JAMES | BANK MIDWEST | BANK OF NEW YORK MELLON | BANK OF THE OZARKS | BB&T | BENCHMARK AUTO SALES | BENEFICIAL BANK | BERKSHIRE HILLS BANK | BEST BUY | BIO-TECHNE | BLACK HILLS ENERGY | BLACKBAUD | BLESSEY MARINE | BLUE HARBOR RESORT | BLUE HILLS BANK| BMO HARRIS BANK | BNB BANK | BOEING | BP | BROADRIDGE FINANCIAL | BROWN-FORMAN | BRUNS GENERAL CONTRACTING | CABOT OIL & GAS | CAMDEN NATIONAL BANK | CAMP CONSTRUCTION | CANARY LLC | CAPITAL ONE | CARL BLACK AUTOMOTIVE GROUP | CEDAR RAPIDS TOYOTA | CENTERSTATE BANK | CENTRAL BANK| CENTRAL PACIFIC BANK | CHARLES SCHWAB | CHARLIE BRAVO AVIATION| CHARLOTTE PIPE AND FOUNDRY | CHARTER | CHIPOTLE | CIGNA | CIRCUIT INTERRUPTION TECHNOLOGY | CITIZENS BANK | CLAYTON DISTILLERY | COACH, TRUCK, & TRACTOR | COGENT BUILDING GROUP | COLLEGE OF THE OZARKS | COLLING PEST SOLUTIONS | COMCAST | COMERICA | COMMERCE BANK | COMMONWEALTH EDISON | COMMUNITY TRUST BANK | COMMUNITY VALLEY BANK | CONSUMERS ENERGY | CONTINENTAL RAIL | COOPERSTOWN ENVIRONMENTAL | COPPERLEAF ASSISTED LIVING | CORNERSTONE HOLDINGS | CUSTOMERS BANK | CVS | DARDEN RESTAURANTS | DATA SALES CO. | DAVIS TRUST | DAYTON T. BROWN INC. | DENIZENS BREWING COMPANY | DEPATCO | DIME COMMUNITY BANK | DISCOVER | DISNEY | DOHRN TRANSFER | DOMINION ENERGY | DON RAMON RESTAURANT | DTI PARTNERS | DTN | DTE ENERGY | DUKE ENERGY | DYER CAPITAL | DYNAMIC FASTENERS | E-CYCLE | EAGLE RIDGE RANCH | EAGLE TELEPHONE SYSTEM, INC. | EASTIDAHONEWS.COM | EBERLE COMMUNICATIONS GROUP | ECOLAB | EL PASO ELECTRIC COMPANY | ELITE CLINICAL TRIALS | ELITE ROOFING SYSTEMS | EMKAY | EMPIRE NATIONAL BANK| EMPIRE STATE BANK | EMPLOYERS MUTUAL COMMUNICATIONS GROUP | ENNIS INC. | ENVIRONMENTAL CONSTRUCTION | EVANS BANK | EVERSOURCE ENERGY | EXPANDED TECHNOLOGIES | EXPRESS EMPLOYMENT PRC | EXXON MOBIL | FAMILY EXPRESS| FEDEX | FIAT CHRYSLER | FIDELITY | FIFTH THIRD BANK | FINANCIAL INSTITUTIONS| FIREBIRD BRONZE | FIRST BANK & TRUST | FIRST FARMERS BANK | FIRST FEDERAL COMMUNITY BANK | FIRST FINANCIAL | FIRST FINANCIAL NORTHWEST | FIRST HAWAIIAN BANK | FIRST HORIZON NATIONAL CORP | FIRST MERCHANTS | FIRST MIDWEST BANK | FIRST NATIONAL BANK | FIRST NORTHERN COMMUNITY BANK | 1ST SUMMIT BANK | FIRST SOUTHWEST BANK | FIRSTBANK | FIRSTCAPITAL BANK OF TEXAS | 5 SENSES SPA | FIVE STAR BANK | FLEMING CAR AND TRUCK COUNTRY | THE FLOOD INSURANCE AGENCY | FLUSHING FINANCIAL CORPORATION | FMS BANK | F.N.B. CORPORATION | FORT RANCH | FRANK L. VANDERSLOOT FOUNDATION | FTCH | FULTON FINANCIAL | GARDNER COMPANY | GATE CITY BANK | GET FOUND FIRST | GNARLY BARLEY | GREAT SOUTHERN BANK | GREAT WESTERN BANK | GREEN MOUNTAIN POWER| GREEN RECOVERY TECHNOLOGIES | GRIFFITH TRUCKING | GROUP 1 AUTOMOTIVE| GULF COAST BANK | THE HAMMOCK SOURCE | HAPPY STATE BANK | HARBORONE BANK | HARFORD ALARM COMPANY | HARRIS CORPORTATION | THE HARTFORD | HARVARD BUSINESS SERVICES | HAWAII NATIONAL BANK | HAWAIIAN ELECTRIC | HAWTHORN BANK | HEARTLAND BANK | HOME BANK | HOME DEPOT | HOMESTREET BANK | HONEYWELL | HOSTESS | HUMANA | IAT INSURANCE GROUP | IBERIA BANK | IDEXX LABRATORIES | INLAND NORTHWEST BANK | INFORMATION FIRST | INSPERITY | INTERNATIONAL OFFSET CORPORATION | INUNISON INC. | IOWA-AMERICAN WATER CO.| IRON HORSE ENERGY SERVICES | ISG | ISI FINANCIAL GROUP | JETBLUE | JIM RINEHART INSURANCE | JOHNSON BANK | JONES AUTO & TOWING | JORDAN WINERY | JOSEPH’S LITE COOKIES | JP MORGAN | KALB INDUSTRIES | KANSAS CITY POWER| KANSAS CITY SOUTHERN | KAUAI CATTLE LLC | KEG CREEK BREWING | KEVIN-CHARLES FURNITURE | KEY BANK | KEYCORP | KISH BANK | KRAMERICA PROPERTIES | LAKESTONE BANK | LAND & CO | LAWRENCE PAPER COMPANY | LEAK SEALERS | LG&E AND KU | LINCOLNWAY BANK | LOK-N-LOGS, INC. | LOUD & CLEAR COMMUNICATIONS | LOWE’S | MAINSOURCE FINANCIAL | M&T BANK | MARSH & MCLENNAN | MASS UTILITES | MB FINANCIAL | MELALEUCA | MERCK | MERIDIAN BANK | METAIRIE BANK | METLIFE | MID-AM | MIDAMERICAN ENERGY | MILL STEEL COMPANY | MINCEY MARBLE| MOUNTAIRE | MOVE IT OR LOSE IT MOVING LLC | MUSICNOTES | NATIONAL BANK HOLDINGS CORP | NATIONAL GRID | NATIONAL GRID RHODE ISLAND | NATIONWIDE| NATURAL GUARDIAN | NAVIENT | NBT BANK | NELNET | NEPHRON PHARMACEUTICALS| NEW LIBERTY DISTILLERY | NEXTAR MEDIA GROUP | NEXTIER BANK | NOAH BANK | NORTH SHORE BANK | NORTHCO PRODUCTS, INC. | NORTHEAST VAPOR SUPPLIES | NORTHERN INDIANA PUBLIC SERVICE COMPANY | NORTHPOINT APARTMENTS | NORTHWESTERN ENERGY | OCEANFIRST | OHNWARD BUSINESS | OKLAHOMA CORPORATION COMMISSION | OLD DOMINION FREIGHT LINE | ONCOR | PACIFIC POWER | PATTISON SAND COMPANY | PAYNE TRUCKING | PENSKE AUTOMOTIVE GROUP| PEOPLES BANK | PEOPLES BANK | PEPCO | PFIZER | PINNACLE | PIONEER CREDIT RECOVERY | PITNEY BOWES | PNC BANK | PODCASTONE | PRIORITY COURIER EXPERTS| QUEST DIAGNOSTICS | RDR, INC. | REGIONS FINANCIAL | RESIDENT CONSTRUCTION LLC | RGF ENVIRONMENTAL GROUP | RIO BANK | RIVERBEND COMMUNICATIONS| RIVERBEND MANAGEMENT, INC. | RIVERBEND RANCH | RIVERBEND SERVICES| ROCKY MOUNTAIN POWER | ROD’S HARVEST FOODS | ROYAL HAWAIIAN HERITAGE JEWELRY | RUSH ENTERPRISES | RUSSELL LANDS | RYDER SYSTEM | SABAN CAPITAL GROUP | SEWICKLEY SPA | SHEFFER CORPORATION | SHOPRITE | SINCLAIR BROADCAST | SKYWEST AIRLINES | SMITH CHEVROLET | SMITH HONDA | SMITH RV| SOUTH POINT | SOUTH STATE BANK | SOUTHWEST | SPECTRUM ADHESIVES | SPELLEX CORPORATION | SPORT CLIPS FRANCHISES | ST. JOHN PROPERTIES | STAFFORD BOUNCE N PLAY | STARBUCKS | STATE STREET | STAUB MANUFACTURING | STEEL DESIGN LLC | STERIS | STIFEL FINANCIAL CORP. | SUMMIT STATE BANK | SUN COMMUNITY NEWS | SUN TRUST | SUNDANCE VACATIONS | SUSSEX WIRE INC.| SUTTER MASONRY | SYNOVUS FINANCIAL | TCF FINANCIAL | TERRITORIAL SAVINGS BANK | TEXAS CAPITAL BANK | THERMO FISHER SCIENTIFIC | TOKIO MARINE HHC| TOTAL SYSTEM SERVICES | TOWN BANK | TRAVELERS | TRI-STATE TRAILER SALES | TRUE NORTH STEEL | TURNING POINT BRANDS | TURNING POINT USA | TYSON FOODS| U.S. BANK | UMPQUA BANK | UNION BANK & TRUST | UNITED BANK | UNITY BANK | UPS | VERIZON | VERST LOGISTICS | VISA | WALMART | WASHINGTON FEDERAL | WASHINGTON TRUST BANK | WASTE MANAGEMENT | WEBHOBBY SHOP | WEBSTER BANK | WELLS FARGO | WESTAR ENERGY | WESTERN ALLIANCE | WESTERN & SOUTHERN FINANCIAL GROUP | WHITE PINE WINERY | WILLIS LEASE FINANCE| WILLOW CREEK WOODWORKS | WINDSOR FEDERAL SAVINGS | YAM WORLDWIDE| YANCEY BROS. | ZIONS BANK

1A AUTO – WESTFORD, MASS.:

Massachusetts based online auto parts retailer 1A Auto announced across the board cash bonuses for all full-time employees. CEO Rick Green says that the decision was based on recent changes to tax policy.

In a company meeting Wednesday, Green told employees, “Ultimately the tax savings will be passed to our customers in the form of lower prices, but we want to also share some of the savings with you, our hard-working employees.”

1ST SOURCE – SOUTH BEND, IND.:

• The issuance of 10 shares of 1st Source stock currently valued at $500.00 in early 2019 (which must be held for three years) to all employees who were active with the company December 31, 2017 and are also active with the company on December 31, 2018.
• An additional performance award base pay increase of $500.00 to eligible colleagues.
• A significant increase in the company’s higher education tuition reimbursement program to an annual benefit of $6,000 from $3,000.

AALADIN INDUSTRIES – ELK POINT, S.D.:

Bonuses of $250 – $1,000 based on length of service; base wage raised; increased capital expenditures.

AAON – TULSA, OKLA.:

Personnel employed by AAON, excluding officers, will receive a $1,000 bonus in recognition of the new tax reform law. AAON employs approximately 2,000 individuals at its Tulsa, Oklahoma and Longview, Texas facilities.

ABBVIE – NORTH CHICAGO, ILL.:

• permanent salary increases for all non-executive employees; increased profit sharing for employees; one additional holiday for U.S. employees.

ACCUWEATHER – STATE COLLEGE, PA.:

AccuWeather, the world’s fastest-growing provider of forecasts and warnings and a global leader in digital media and weather-related big data, announced it is pleased to be providing special year-end bonuses to all employees. AccuWeather said the bonuses are possible due to the company’s robust financial performance in 2017 and strong confidence in the growing U.S. and global economy now that the Tax Bill has passed.

ADAMS COMMUNITY BANK – ADAMS, MASS.:

• Paying a special one-time bonus of $1,000 to full time employees, and $500 to part time employees. This initiative is focused on those employees making below a certain compensation threshold.
• Increasing base pay by $1 per hour for regular non-officer employees making below a certain compensation threshold.
• Raising our minimum wage to $13.25.
• Reducing the employee’s share of medical and dental insurance premiums from 30% to 20%, for all bank employees who are not officers.
• Increasing interest rates on customer deposit products beginning in January.

ADVANCE FINANCIAL – NASHVILLE, TENN.:

Advance Financial Chief Experience Officer Tina Hodges announced to employees Friday morning a tax initiative that will yield an additional collective $500,000 to employees and more than $550,000 to community organizations.

1.) Increasing its 401(k) match from 3 percent to 5 percent for all employees.

2.) Increasing the share of profits that front line employees can receive from 3 percent to 5 percent. (Front-line employees, who man Advance Financial’s 85 locations across Tennessee, account for 85 percent of the company’s 800-plus employees.)

3.) Increasing giving to the Advance Financial Foundation by 8 percent. (The foundation provides donations to nonprofit organizations in communities served by Advance Financial.)

The company’s average starting wage is more than $15 an hour.

ADVANCED SCIENCES & TECHNOLOGIES – BERLIN, N.J.:

Increased 401(k) match for employees.

AFLAC – COLUMBUS, GA.:

Aflac announced that it is increasing investments by $250 million in the U.S., which will result in the producktion of jobs and employee benefits, and marks a significant commitment from mid-sized market cap company. Additionally, Aflac will increase their company’s 401(k) match, from 50% to 100% on the first 4% of employee contribution and make a one-time contribution of $500, helping families to build up their nest egg.

ALASKA AIR – SEATTLE, WASH.:

Alaska Airlines is giving its employees a $1,000 bonus, citing the tax cut passed last month by Congress and signed by President Donald Trump.

ALLIANT ENERGY – CEDAR RAPIDS, IOWA:

Interstate Power & Light, an Alliant Energy subsidiary based in Cedar Rapids, said it would return between $18.6 million and $19.6 million to customers.

Alliant’s gas customers could have between $500,000 and $3.7 million returned to them.

ALTRIA – RICHMOND, VA.:

AMARILLO NATIONAL BANK – AMARILLO, TEXAS:

Christmas came early for more than 300 employees at Amarillo National Bank when they found out they’d be getting a $1,000 pay raise.

The bosses at ANB are saying the pay increase is because of the GOP’s tax reform bill.

The raises are the highest salary and wage increases in the bank’s history.

313 of the bank’s 600 full-time, non-salaried employees will get an immediate raise of $1,000.

AMBOY BANK – OLD BRIDGE, N.J.:

A Central Jersey bank with 24 branches is boosting the minimum pay for its workers to $15 an hour.

Old Bridge-based Amboy Bank will also pay all non-executive employees a a minimum year-end bonus of $1,000, it said in a statement, becoming at least fourth New Jersey bank to give its workers extra money.

AMEREN ILLINOIS – CHICAGO, ILL.:

AMERICACOLLECT – MANITOWOC, WIS.:

A Manitowoc-based company will give its roughly 250 employees a bonus following Congress’s passage of the tax reform bill the Tax Cuts and Jobs Act.

AMERICAN AIRLINES – FORT WORTH, TEXAS:

No. 1 U.S. airline American Airlines Group Inc said it would give its employees a $1,000 bonus in light of the recent tax reform bill.

AMERICAN BANK – ALLENTOWN, PA.:

American Bank became the first Lehigh Valley business to publicly announce it is paying $1,000 bonuses to its 60 workers in connection with the tax bill signed Friday by President Donald Trump.

AMERICAN COMMUNITY BANK – WOODSTOCK, WIS.:

$500 to each employee and announced additional hiring plans.

AMERICAN EXPRESS – NEW YORK, N.Y.:

Overall, we believe the Tax Act will be a positive development for both the U.S. economy and American Express. Given the momentum in the business and the anticipated benefit of a lower tax rate, we now expect to invest up to $200 million more in 2018 than we originally planned for customer-facing growth initiatives. We’ve also made an incremental contribution to our employee profit-sharing plans to support the long-term financial well-being of our employees. And, for shareholders, we expect to use the remaining anticipated benefits to build capital and support earnings growth in 2018.

AMERICAN FAMILY INSURANCE – MADISON, WIS.:

American Family Insurance said it will give 11,000 workers a one-time bonus of $1,000, becoming the latest U.S. company to pass some of the savings from federal tax reform to employees.

The Madison-based insurer said the reduction in the corporate income tax rate also would help fuel permanent changes to its employee benefits program, such as expanded tuition reimbursement, help paying student loans and scholarships for workers who pursue a post-high school degree.

AMERICAN SAVINGS BANK – HONOLULU, HAWAII:

The third-largest bank in Hawaii said it will award $1,000 bonuses to nearly all of its employees. In addition, the bank said it was increasing its starting wage to $15.25 an hour from $12.21 an hour.

ANDYMARK – KOKOMO, IND:

Andy Baker, president and owner of AndyMark, which manufactures and distributes mechanical and electrical parts for the competitive robotics market, said savings from the tax cut has accelerated his plans to hire more workers.

He said the company currently employs 25 full-time workers and up to 30 part-time and seasonal workers. Now, Baker anticipates doubling his workforce in the next five to 10 years.

“I think the tax bill is going to accelerate our growth,” he said. “We want more diversity with our business and more vertical integration, which requires more staff, and the tax cut its going to accelerate all that.”

ANFINSON FARM STORE – CUSHING, IOWA:

Anfinson Farm Store, a family business in Cushing, Iowa, has awarded $1,000 bonuses and raised wages 5% for all full-time employees as a result of tax reform. The good news was delivered to employees in person just after Christmas.

ANTHEM – INDIANAPOLIS, IND.:

Anthem, Inc. announced that the company will contribute $1,000 to the 401(k) accounts for each of its more than 58,000 associates and recent retirees. Anthem has created this new investment program for associates following revisions to the U.S. tax code that were enacted earlier this year. In total, Anthem will contribute more than $58 million to the program which helps Anthem associates plan for their retirement and the needs of their families in the future. In addition to the Anthem 401(k) program, the company is investing savings from the changes in the tax code in other efforts to reduce the cost of healthcare and benefit the consumers we serve and our shareholders.

APPLE – CUPERTINO, CALIF.:

APPS PORTAMEDIC – BELLEVUE, WASH.:

At the Bellevue small business called APPS Portamedic, two employees schedule the health tests people get when they apply for life insurance.

Owner Ben Oakley says he’ll benefit from the new tax rules for many small businesses.

“Anything from the 20 percent reduction down to 17.5 percent, we have a lot of equipment in our business so we’re going to see a tax break there. I was looking at the numbers just based on our simple tax bracket as my wife and I you know it’s about a $2,500 benefit just for income tax alone,” Oakley said in an interview.

AQUESTA FINANCIAL HOLDINGS – CORNELIUS, N.C.:

Aquesta Financial Holdings in Cornelius, N.C., will raise hourly pay to $15 and will be giving $1,000 bonuses to all of it workers.

AR-15 GUN OWNERS OF AMERICA – WARNER ROBINS, GA.:

• Tax reform bonuses
• Increased salaries for all employees.

ARIZONA PUBLIC SERVICE – PHOENIX, ARIZ.:

APS has requested the Arizona Corporation Commission approve a $119 million bill reduction for customers, based on federal corporate tax cuts, effective February 1, 2018.

ASSOCIATED BANK – GREEN BAY, WIS.:

Associated Bank said it will boost its minimum hourly wage to $15 and pay workers a $500 bonus when the recently passed federal tax reform is signed, making it the first major Wisconsin firm to announce it is joining the list of companies saying their employees will directly benefit from the legislation.

The Green Bay-based bank, the largest financial institution headquartered in the state, said it will raise its minimum wage to $15 an hour from $10 — a 50% boost — and distribute the one-time bonus to all hourly, non-commissioned employees once the tax legislation is signed into law.

ASSURANT – NEW YORK, N.Y.:

U.S. tax reform a positive for Assurant. Based on preliminary review, Assurant expects:

• Effective tax rate to be reduced to approximately 22%-23% on Assurant current standalone income worldwide
• No transition tax on accumulated foreign earnings
• Future dividends from Assurant’s non-U.S. subsidiaries not subject to U.S. tax
• Q417 will include a one-time benefit to consolidated GAAP net income due to the reduction of net deferred tax liabilities, but write-down on a statutory basis for the insurance subsidiaries due to the reduction of net deferred tax assets

AT&T – DALLAS, TEXAS:

Once tax reform is signed into law, AT&T plans to invest an additional $1 billion in the United States in 2018 and pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees — all union-represented, non-management and front-line managers. If the President signs the bill before Christmas, employees will receive the bonus over the holidays.

ATLAS AIR – PURCHASE, N.Y.:

Atlas Air will be providing a special one-time bonus payment to all full-time flight and ground staff employees below the officer level. We are pleased to offer this bonus to our flight crew employees as the Union is in agreement. This bonus will be funded by a tax refund that the Company expects as a result of the newly enacted U.S. tax law.

The $1,000 bonus will be provided in early January.

AUTONATION – FT. LAUDERDALE, FLA.:

AutoNation announced that it will double its matching contributions to employees’ 401(k) plans, increase its deferred compensation match to up to 100% for the first $5,500 and launch a cancer benefits program for employees diagnosed with the disease.

AVANGRID– ORANGE, CONN:

AVANGRID’s regulated natural gas and electricity companies will pass along to customers the full benefit of any tax savings that the companies realize as a result of the 2017 federal tax reform act.

Among other changes, the tax reform act reduces the federal corporate tax rate from 35 to 21 percent. As a matter of fairness, AVANGRID believes that any resulting tax savings should be extended to customers.

BALL VENTURES – IDAHO FALLS, IDA.:

Ball Ventures, a commercial real estate investment and development company, is giving each employee $100 for every year of their employment.

BALTIMORE GAS & ELECTRIC – BALTIMORE:

BGE will file with the Maryland Public Service Commission (PSC) to pass approximately $82 million in annual tax savings to customers, resulting from federal tax cost reductions. The Tax Cuts and Jobs Act, which decreased the corporate tax rate from 35 percent to 21 percent, was signed into law on Dec. 22, 2017 and became effective on Jan. 1, 2018. If approved by the PSC, the average BGE residential electric customer can expect to see an estimated $2.31 decrease on their monthly bill, and the average residential combined natural gas and electric customer can expect an estimated $4.27 monthly reduction, effective in February 2018.

BANCORP SOUTH – TUPELO, MISS.:

BancorpSouth said it was giving pay increases and one-time businesses totaling more than $10 million as “an additional investment … to nearly all non-commissioned employees.”

The investment this year will benefit 96 percent of the company’s non-commissioned workforce, BancorpSouth said. The pay increases were effective Jan. 1.

BANK OF ADVANCE – ADVANCE, MO.:

• $1,000 bonuses to all staff.

BANK OF AMERICA – CHARLOTTE, N.C.:

“Beginning in 2018, we will see benefits from the tax reform, too, in the form of lower corporate tax rates. In the spirit of shared success, we intend to pass some of those benefits along immediately. U.S. employees making up to $150,000 per year in total compensation – about 145,000 teammates – will receive a one-time bonus of $1,000 by year-end.”

BANK OF COLORADO – FORT COLLINS, COLO.:

Bank of Colorado is paying a special bonus of $1,000 to each full-time associate to share the benefit of the tax cut passed earlier this month by Congress.

President of Bank of Colorado, Shawn Osthoff said, “We feel strongly that the message should be loud and clear that this is a tax cut that will benefit all Americans.” Bank of Colorado has 641 associates in Colorado and New Mexico.

BANK OF HAWAII – HONOLULU, HAWAII:

The state’s second-largest bank, said it will give out $1,000 cash bonuses to 2,074 employees, or 95 percent of its workforce. The bonuses affect all employees below the senior vice president level. The bank also will increase its minimum wage to $15 an hour from $12 an hour.

BANK OF THE JAMES – LYNCHBURG, VA.:

Bank of the James, Lynchburg, Va., raised its minimum wage to $15 per hour for employees with more than one year of service, added vacation days and substantially increased its charitable giving plans for 2018.

BANK MIDWEST – SPIRIT LAKE, IOWA:

• $500 bonuses for full-time employees and $250 bonuses for part-timers.

BANK OF NEW YORK MELLON – NEW YORK, N.Y.:

Bank of New York Mellon Corp. (BK) executives said nearly all of this year’s benefits from the new U.S. tax law will go to technology upgrades and its employees instead of shareholders.

That includes a raise in the minimum wage to $15 an hour starting March 1 largely for those who work in the firm’s operations unit. The higher hourly wage will affect about 1,000 of the bank’s 52,500 employees, according to finance chief Mike Santomassimo.

BANK OF THE OZARKS – LITTLE ROCK, ARK.:

Bank of the Ozarks has announced an annual cash-based incentive bonus plan for hourly employees and certain other employees.

Under the terms of the plan, employees of the Little Rock-based bank will be eligible to receive a cash award of up to $1,200 annually based on company and individual employee performance. Approximately 2,300 of the company’s current employees will be eligible to receive awards under the plan.

BB&T – WINSTON-SALEM, N.C.:

Nearly three-fourths of BB&T Corp.’s employees will get a one-time $1,200 bonus in January as part of the bank’s response to the corporate tax rate cut signed into law by President Donald Trump.

About 27,000 BB&T employees will receive the bonus. Most of them are not eligible for incentives or commissions, BB&T said. The bank had 37,189 employees as of Sept. 30, according to a regulatory filing.

The bank also will raise its minimum hourly wage to $15 from $12 on Jan. 1, as well as provide $100 million to the bank’s philanthropic fund.

BENCHMARK AUTO SALES – ASHEVILLE, N.C.:

A weight many Americans shoulder everyday is now gone for the people who work in gravel lot filled with cars along Brevard Road near the Blue Ridge Parkway.

We’re talking health care.

“We had 80 percent of our staff was not insured. We have 100 percent insured now. That’s a big feat,” Benchmark Auto Sales owner Joe Segrave said.

It was Segrave’s decision, but he said it would not have happened without the tax bill that finally passed on Capitol Hill.

“I think all of us share a certain level of disgust with what’s going on with politics in our nation, and, really, I like to keep this as an apolitical decision,” Segrave said. “The bottom line is I had a chance to pay it forward to my employees.”

Paying it forward to the tune of about $4,100 a year per employee. That’s about $120,000 total. From the front office to the repair shop, employees are feeling it.

BENEFICIAL BANK – PITTSFIELD, MASS.:

• base wage raised to $14 per hour; $1,000 bonuses for all AVP Level employees and below; 4.5% employer contribution to 401(k) plans:

BERKSHIRE HILLS BANK – BOSTON:

• Raising Berkshire’s minimum wage to $15 per hour.
• Providing a special, one-time bonus of $1000 to over 1000 employees. This grant benefits all full–time employees below a certain compensation threshold, covering over 70% of the Bank’s workforce, and augments the special $500 holiday bonus these colleagues received in the fourth quarter.
• Enhancing Berkshire’s investment in employee development and training programs to benefit our employees and bolster our current offering at AMEBU – American’s Most Exciting Bank University.
• Contributing $2 million to the Berkshire Bank Charitable Foundation which supports charitable organizations, scholarships, and volunteerism across Berkshire’s local communities. This will bolster the foundation’s endowment and allow for increased local giving. Last year we provided over $2 million to our local communities, complementing our employee volunteer program which helps our employees contribute over 40,000 hours of volunteer service each year.

BEST BUY – RICHFIELD, MINN.:

Full-time workers will receive a one-time bonus of $1,000 and part-timers, $500.

All permanent employees who are not on an existing bonus plan will receive the additional funds. The bonuses will show up in workers’ paychecks this month.

In all, more than 100,000 of Best Buy’s 125,000 employees in the U.S., Mexico and Canada are expected to receive the extra cash.

BIO-TECHNE – MINNEAPOLIS, MINN.:

The biotech and diagnostics firm paid $500 bonuses for all 1,650+ employees.

BLACK HILLS ENERGY – RAPID CITY, S.D.:

“Black Hills Energy is currently reviewing the recently approved Tax Cuts and Jobs Act of 2017,” spokeswoman Brandy Johnson said in an email. “We will work with utility regulators to develop a plan to provide customers the benefit of the corporate tax rate reduction.”

BLACKBAUD – CHARLESTON, S.C.:

Most Blackbaud employees will receive about $2,000 worth of stock this month, a gift the Daniel Island-based company says it’s offering because of federal tax cuts approved last year.

BLESSEY MARINE – HARAHAN, LA.:

BLUE HARBOR RESORT – CHICAGO, ILL.:

Blue Harbor’s ownership joins the vast list of companies who have announced financial support of their employees. The Forsythe Family today dedicated a one-time cash bonus of $1,000 to each eligible Blue Harbor employee.

The Forsythe Family’s financial dedication to Blue Harbor employees is in direct response to President Trump’s Tax Cuts and Job Act of 2017.

BLUE HILLS BANK – NORWOOD, MASS.:

The Company recorded an expense of $70,000 in the fourth quarter of 2017 related to awarding a $1,000 bonus to each employee with a functional title below the Assistant Vice President level. The Company also took action to raise the hourly pay rate to $15 for a small number of hourly employees not already at that pay level.

BMO HARRIS BANK – CHICAGO, ILL.:

BMO Harris Bank Tuesday joined other banks in raising its minimum wage to $15 per hour because of the recent changes to the corporate tax rate.

BMO Harris, based in Chicago but with a major presence in Milwaukee, said it will also raise its level of community giving by 10 percent in 2018 because of the tax reform law. BMO Harris Bank gave more than $17 million to community groups throughout its U.S. footprint in 2017, emphasizing community and economic development, health and human services, education and the arts.

BNB BANK – BRIDGEHAMPTON, N.Y.:

BNB Bank said it was increasing its minimum wage from $13 to $15 in light of the lower corporate tax rate. The bank added it was also increasing wages for employees in the tier above that.

About 100 employees, or 20 percent of the bank’s workforce, will see an increase, BNB said.

BOEING – CHICAGO, ILL.:

• $100 million for corporate giving, with funds used to support demand for employee gift-match programs and for investments in Boeing’s focus areas for charitable giving: in education, in our communities, and for veterans and military personnel.
• $100 million for workforce development in the form of training, education, and other capabilities development to meet the scale needed for rapidly evolving technologies and expanding markets.
• $100 million for “workplace of the future” facilities and infrastructure enhancements for Boeing employees.
• Boeing’s “Dollars for Doers” program will raise the gift match level for all employees, increasing the cap on eligible charitable gifts to $10,000 from $6,000.

BP – LONDON, ENGLAND:

British oil and gas company BP will increase investment in the United States after the lowering of tax rates under President Donald Trump, Chief Executive Bob Dudley said.

BROADRIDGE FINANCIAL – LAKE SUCCESS, N.Y.:

Broadridge Financial Solutions said it was boosting workers’ pay, delivering bonuses and expanding employee benefits as a result of strong company growth and the recent federal tax law changes.

Lake Success-based Broadridge said its minimum hourly wage will increase to $15 per hour. It will also pay a $1,750 bonus to hourly, nonmanagement associates.

BROWN-FORMAN – LOUISVILLE, KY.:

• $120 million contribution to the employee pension fund; creation of a charitable foundation with an initial $60 – $70 million contribution.

BRUNS GENERAL CONTRACTING – TIPP CITY, OHIO:

The company said it is investing in more equipment and strengthening its retirement benefits because of the money it expects to save in the next tax reform bill.

CABOT OIL & GAS – HOUSTON, TEXAS:

• $1,600 bonuses for employees.

CAMDEN NATIONAL BANK – CAMDEN, MAINE:

$1,000 bonus for full-time employees, a $750 bonus for part-timers and new funding both for customer-focused technology upgrades and for its community giving.

CAMP CONSTRUCTION HOUSTON, TEXAS:

Camp Construction Services, a Houston-based full-service general contractor, awarded its employees with $500 tax reform bonuses in December.

CANARY LLC – DENVER:

Canary LLC announced it will hire new employees and purchase more equipment.

CAPITAL ONE – MCLEAN, VA.:

Capital One is raising its base wage to $15 per hour for U.S. employees.

The news was announced to associates on Tuesday January 9, 2018.

CARL BLACK AUTOMOTIVE GROUP – KENNESAW, GA.:

• Bonus to over 500 employees, amount depending on years of service

CEDAR RAPIDS TOYOTA – HIAWATHA, IOWA:

Owner Scott Ryan decided to give each full-time employee a $500 tax break. The company sees the bonus checks as a way to give back to both the employees and the community, thinking many of the employees will spend the extra money around town.

CENTERSTATE BANK – DAVENPORT, FLA.:

CenterState Bank is giving $1,000 bonuses to its non-officer employees as a result of the new tax law. About 700 workers, or 60 percent of the company’s employees as of Dec. 31, will receive the bonus, CenterState said in a Jan. 19 filing with the U.S. Securities and Exchange Commission.

CENTRAL BANK – ST. LOUIS: 

Central Bank of St. Louis employees will get a special bonus as a result of the new federal tax reform.

Central Bancompany, Inc., which employs more than 2,500 people across four states, announced Friday that full-time employees would receive a $1,000 bonus and part-time employees would receive a $500 bonus.

CENTRAL PACIFIC BANK – HONOLULU, HAWAII:

Hawaii’s fourth-largest bank told the Star Advertiser it would provide $1,000 cash bonuses to employees outside of the executives on its management committee on Friday, as well as increase its starting pay to $15.25 an hour from $12 an hour on January 1. “With the announcement of the lowering of the corporate tax rate, we are delighted to be able to make this holiday season extra special for our hard-working employees, our most important asset,” CPB President and CEO Catherine Ngo said in a statement.

CHARLES SCHWAB – SAN FRANCISCO, CALIF.:

• $1,000 bonus for about 9,000 non-executive employees

CHARLIE BRAVO AVIATION – GEORGETOWN, TEXAS:

CEO Rene Banglesdorf of Charlie Bravo Aviation in Georgetown, Texas, committed to handing out $1,000 bonuses to her company’s six employees. Especially helpful to their operation, which sells and leases pre-owned aircraft, was that the bill allows immediate expensing of new and used equipment purchases.

CHARLOTTE PIPE AND FOUNDRY – CHARLOTTE, N.C.:

As an expression of gratitude for their hard work and dedication, and in anticipation of the lower federal tax rates made possible by The Tax Cuts and Jobs Act, we are pleased to be able to pay each Charlotte Pipe associate a special $1,000 bonus.

CHARTER – STAMFORD, CONN.:

Charter is increasing our investment in our workforce by ensuring all employees are paid a minimum wage of at least $15 per hour, including target commissions, within the next year.

CHIPOTLE – DENVER, COLO.:

• Chipotle’s hourly crew members will be eligible to earn a $250 bonus and its general managers will be able to earn $1,000.
• Chipotle said that a third of its $40 million to $50 million tax savings will go to its employees.
• The remainder of Chipotle’s tax savings would help fund the company’s $50 million investment in enhancing its existing restaurant locations.

CIGNA – BLOOMFIELD, CONN.:

• Cigna Raises Minimum Wage to $16.00 an hour
• Provides Additional $15 Million in Salary Raises, Largely for Front Line Employees
• Adds $30 Million to Employee 401(k) Match Program
• Commits Additional Investments to the Cigna Foundation

CIRCUIT INTERRUPTION TECHNOLOGY – ROGERS, MINN.:

Employees were notified just before Christmas of one extra week pay added to their final year end check as a result of the new tax reform measure.

Due to the positive atmosphere created by the passage of the tax bill Company profit sharing combined with normal 401K contributions amounted to an additional 5% per employee for 2017. CIT has added 10% to our staff thus far in January 2018 and more additions are expected.

CITIZENS BANK – PROVIDENCE, R.I.:

Citizens Bank is giving bonuses to its employees in the wake of the federal tax plan recently passed by Congress. Citizens Financial Group said it will contribute $12.5 million toward one-time $1,000 cash bonuses to an estimated 12,500 employees, as well as $10 million to the Citizens Charitable Foundation.

CLAYTON DISTILLERY – JEFFERSON COUNTY, N.Y.:

Michael L. Aubertine is looking forward to upgrading his Clayton Distillery using the extra revenue he’ll have due to the excise tax reduction for spirits from the federal tax reform bill.

COACH, TRUCK, & TRACTOR – CONNEAUT, OHIO:

Higher Christmas bonuses thanks to tax reform for this family business with seven employees. Bonus amounts determined by length of service.

COGENT BUILDING GROUP – POINT CLEAR, ALA.:

• $2,000 bonuses for all four employees.

COLLEGE OF THE OZARKS – POINT LOOKOUT, MO.:

College of the Ozarks has decided to issue a check to each College employee in the amount of $204 as a result of savings from the recent U.S. Tax Code revision.

“We were expecting to have to pay the extra amount in Obamacare costs,” said College President Jerry C. Davis. “We are grateful for this savings and want to pass it along to our hard-working employees. It is a simple, but tangible, way to express our appreciation to them. We hope other organizations will consider doing the same.”

COMCAST – PHILADELPHIA:

Comcast joined the growing list of companies announcing bonuses for employees due to the passage of the Tax Cuts and Jobs Act that allows businesses to be competitive again. More than 100,000 employees will now receive $1,000 bonuses, and the company plans to invest $50 billion over the next five years which will  lead to the creation of thousands of jobs.

COMERICA – DALLAS, TEXAS:

Dallas-based Comerica provided a $1,000 bonus for its non-officer employees and boosted its bank-wide minimum wage to $15.

COMMERCE BANK – KANSAS CITY, MO.:

Citing the new federal tax reform legislation, Commerce Bancshares is giving thousands of its employees a $1,000 bonus.

The parent company of Commerce Bank, which has corporate offices in Clayton and Kansas City, said 3,450 full-time employees, or 75 percent of its workforce, will get the $1,000 bonus. Eligible part-time employees will get a $250 cash bonus.

COMMONWEALTH EDISON – KANSAS CITY, MO.:

ComEd is filing a petition with the Illinois Commerce Commission (ICC) seeking approval to pass along approximately $200 million in tax savings to its customers in 2018. If approved by the ICC, the average ComEd residential customer can expect to see an estimated $2-$3 decrease on their monthly bill related to the tax reduction.

The Tax Cuts and Jobs Act (TCJA), which was signed into law on Dec. 22, 2017 and became effective on Jan. 1, 2018, decreased the corporate tax rate from 35 percent to 21 percent, reducing the amount of federal income tax ComEd will have to pay.

COMMUNITY TRUST BANK – CHICAGO:

Community Trust Bancorp, Inc. is pleased to announce that in recognition of the contribution of the Company’s employees to the ongoing success of Community Trust Bancorp, Inc. and the positive impact the changes in tax laws will have on the Company, a special bonus for employees. All full time employees will receive a special bonus of $1,000 and employees classified as part time will receive a $500 bonus. Executive Management will not participate in this special bonus. The bonus will be paid to employees as soon as the new tax tables are released in 2018 so that employees may receive the full benefit of the reduction in tax rates.

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