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- H.R.620
H.R.620: Income Equity Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Jan. 20, 1995
- Latest Major Action March 28, 1996
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
30 (28 Democrats, 1 Independent, 1 Independent Democrat)
Bill Summary
Income Equity Act of 1995 - Amends the Fair Labor Standards Act of 1938 to increase the minimum wage from $4.25 to $6.50 an hour. Amends the Internal Revenue Code to deny employers a deduction for payments of excessive compensation (more than 25 times the lowest compensation paid any other employee).
(Source: Library of Congress)
Bill Actions
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Sponsor introductory remarks on measure.
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Referred to the Committee on Economic and Educational Opportunities, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Economic and Educational Opportunities
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Referred to House Ways and Means
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Referred to the Subcommittee on Workforce Protections.
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Sponsor introductory remarks on measure.
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| Jan. 20, 1995 |
Introduced in the House by Martin Olav Sabo (D-Minn.) |