States / Tennessee / SB 405

SB 405 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
Senate
Introduced
Jan 28, 2025
Last action
Apr 17, 2026 — Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
Session
114
Momentum
29 · Low