HB 431
Signed
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.
- Tennessee
- House / Assembly
- Introduced Jan 28, 2025
- Session 114
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View on official siteLegislative Timeline
6 actions-
Assigned to s/c Finance, Ways, and Means Subcommittee
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Ref. to Finance, Ways, and Means Committee with a Negative Recommendation
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Placed on cal. Government Operations Committee for 3/17/2025
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P2C, ref. to Government Operations Committee for Review - Finance, Ways & Means Committee
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Intro., P1C.
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Filed for introduction