States / Tennessee / HB 431

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