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- H.R.3260
H.R.3260: Income Equity Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced July 12, 2005
- Latest Major Action July 12, 2005
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (13 Democrats, 1 Independent Democrat)
Bill Summary
Income Equity Act of 2005 - Amends the Internal Revenue Code to deny employers a tax deduction for payments of excessive compensation (more than 25 times the lowest compensation paid any other employee).
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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July 12, 2005 |
Introduced in the House by Martin Olav Sabo (D-Minn.) |