US HB7041 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on January 18 2024 - 25% progression, died in committee
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]
Status: Introduced on January 18 2024 - 25% progression, died in committee
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.
Title
Tax Excessive CEO Pay Act of 2024
Sponsors
| Rep. Barbara Lee [D-CA] | Rep. Rashida Tlaib [D-MI] | Rep. Eleanor Norton [D-DC] | Rep. Bonnie Coleman [D-NJ] |
| Rep. Ro Khanna [D-CA] | Rep. Jesus Garcia [D-IL] | Rep. James McGovern [D-MA] | Rep. Ilhan Omar [D-MN] |
| Rep. Pramila Jayapal [D-WA] | Rep. Cori Bush [D-MO] | Rep. Jared Huffman [D-CA] | Rep. Raul Grijalva [D-AZ] |
| Rep. Jamaal Bowman [D-NY] | Rep. Janice Schakowsky [D-IL] | Rep. Chellie Pingree [D-ME] | Rep. Delia Ramirez [D-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-18 | House | Referred to the House Committee on Ways and Means. |
| 2024-01-18 | House | Introduced 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
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/7041/all-info |
| Text | https://www.congress.gov/118/bills/hr7041/BILLS-118hr7041ih.pdf |
