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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.

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Legislative Timeline

6 actions
  1. Mar 19, 2025 lower
    Assigned to s/c Finance, Ways, and Means Subcommittee
  2. Mar 17, 2025 lower
    Ref. to Finance, Ways, and Means Committee with a Negative Recommendation
  3. Mar 12, 2025 lower
    Placed on cal. Government Operations Committee for 3/17/2025
  4. Feb 5, 2025 lower
    P2C, ref. to Government Operations Committee for Review - Finance, Ways & Means Committee
  5. Feb 3, 2025 lower
    Intro., P1C.
  6. Jan 28, 2025 lower
    Filed for introduction
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