List of Tax Reform Good News 1,233 examples of pay raises, new job creation, facility and product line expansions, special bonuses, utility rate reductions, 401(k) match increases and employee benefit increases attributed to the Tax Cuts and Jobs Act As of July 30, 2021 Please send any additions to this list to John Kartch at
[email protected] This list and all 50 state lists are constantly updated – please access this national list and all 50 state lists at www.atr.org/list A 1st Source Corporation (South Bend, Indiana) -- Employees given base pay increases, 10 shares of stock, and doubled tuition reimbursement: 1st Source Corporation announces important investments in its people as a result of record performance in 2017 and new tax legislation opportunities. These new investments include the following: ● 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. Christopher J. Murphy III, Chairman and CEO stated. "We believe in shared ownership among all our colleagues at 1st Source. We also believe the new tax act gives us additional funds to invest in the company's long term future. -- Jan. 31, 2018 1st Source Corporation press release Summit Bank (Johnstown, Pennsylvania) – $1,000 bonuses to full-time employees; pay raises; increased charitable donations.