H.R.4124: To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which such denial applies.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 19, 1996
  • Latest Major Action Sept. 19, 1996

Bill Sponsor

Bill Summary

Amends the Internal Revenue Code to: (1) apply the excessive compensation deduction denial to all employees; and (2) expand the types of compensation to which such denial applies.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sept. 19, 1996

Introduced in the House by Ron Klink (D-Pa.)

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