HB7041: Tax Excessive CEO Pay Act of 2024
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
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.
Plain-language summary
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HB7041: Tax Excessive CEO Pay Act of 2024
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Sponsors
Barbara Lee
Primary SponsorCo-sponsors (15)
Rashida Tlaib
Eleanor Norton
Bonnie Coleman
Ro Khanna
Jesus Garcia