US HB7041 | 2023-2024 | 118th Congress

Status

Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on January 18 2024 - 25% progression
Action: 2024-01-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the Internal Revenue Code of 1986 to impose a corporate tax rate increase on companies whose ratio of compensation of the CEO or other highest paid employee to median worker compensation is more than 50 to 1, and for other purposes.

Tracking Information

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Title

Tax Excessive CEO Pay Act of 2024

Sponsors


History

DateChamberAction
2024-01-18HouseReferred to the House Committee on Ways and Means.
2024-01-18HouseIntroduced in House

Same As/Similar To

SB3620 (Same As) 2024-01-18 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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