TN HB0747 | 2023-2024 | 113th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on April 5 2023 - 100% progression
Action: 2024-01-10 - Sponsor change.
Text: Latest bill text (Draft #4) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on April 5 2023 - 100% progression
Action: 2024-01-10 - Sponsor change.
Text: Latest bill text (Draft #4) [PDF]
Summary
As introduced, enacts the "CEO Pay Disparity Tax Act," which imposes a pay disparity surcharge in the amount of an additional 0.1 percent to the standard 6.5 percent excise tax rate on each company whose top executive is paid at least 100 times more than the median income of the company's employees. - Amends TCA Title 67, Chapter 4.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, relative to the "CEO Pay Disparity Tax Act."
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-10 | House | Sponsor change. |
| 2024-01-10 | House | Sponsor(s) withdrawn. |
| 2023-04-10 | House | Sponsor change. |
| 2023-04-05 | House | Failed in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee |
| 2023-03-29 | House | Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/5/2023 |
| 2023-03-29 | House | Action Def. in s/c Finance, Ways, and Means Subcommittee to 4/5/2023 |
| 2023-03-22 | House | Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/29/2023 |
| 2023-03-22 | House | Assigned to s/c Finance, Ways, and Means Subcommittee |
| 2023-03-20 | House | Rec. for pass; ref to Finance, Ways, and Means Committee with a negative recommendation |
| 2023-03-15 | House | Placed on cal. Government Operations Committee for 3/20/2023 |
| 2023-02-01 | House | P2C, ref. to Government Operations for Review -- Finance, Ways, and Means Committee |
| 2023-01-30 | House | Intro., P1C. |
| 2023-01-27 | House | Filed for introduction |
Same As/Similar To
SB1511 (Crossfiled) 2023-02-14 - Refer to Senate F,W&M Revenue Subcommittee
