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- H.R.1305
H.R.1305: Income Equity Act of 2015
About This Bill
- Introduced March 4, 2015
- Latest Major Action March 4, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Income Equity Act of 2015 Amends the Internal Revenue Code to: (1) deny employers a tax deduction for payments of excessive compensation to any full-time employee (i.e., compensation for services exceeding the greater of 25 times the median compensation paid to full-time employees during such taxable year or $500,000); and (2) require such employers to file a report with the Secretary of the Treasury on excessive compensation (as defined by...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 4, 2015 |
Referred to the House Committee on Ways and Means.
|
March 4, 2015 |
Introduced in the House by Barbara Lee (D-Calif.) |