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
Current Version — · 243 words Open full page ↗

HOUSE BILL 431

By Jones J

SENATE BILL 405

By Lamar

AN ACT to amend Tennessee Code Annotated, Title 67,

Chapter 4, relative to the "CEO Pay Disparity Tax

Act."

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