HB 431 In Committee
Taxes, Excise - 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.
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
No summary has been published for this bill. The full text is on the Bill text tab.
- Chamber
- House
- Introduced
- Jan 28, 2025
- Last action
- Mar 19, 2025 — Assigned to s/c Finance, Ways, and Means Subcommittee
- Session
- 114
- Momentum
- 29 · Low