SB 405
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
- Senate
- Introduced Jan 28, 2025
- Session 114
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View on official siteLegislative Timeline
6 actions-
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
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Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation
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Refer to Senate F,W&M Revenue Subcommittee
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Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
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Introduced, Passed on First Consideration
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Filed for introduction