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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Title(s) as Introduced

Tax Excessive CEO Pay Act of 2019

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to impose a corporate tax rate increase on companies whose ratio of compensation of the CEO or other highest paid employee to median worker compensation is more than 50 to 1, and for other purposes.

Actions Overview (1)

Date Actions Overview
11/13/2019Introduced in House

All Actions (2)

Date All Actions
11/13/2019Referred to the House Committee on Ways and Means.
Action By: House of Representatives
11/13/2019Introduced in House
Action By: House of Representatives

Cosponsors (18)

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means11/13/2019 Referred to

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Subjects (6)

Latest Summary (1)

There is one summary for H.R.5066. View summaries

Shown Here:
Introduced in House (11/13/2019)

Tax Excessive CEO Pay Act of 2019

This bill requires an increase in the corporate income tax rate based upon the ratio of compensation paid to the corporation's highest paid employee to median worker compensation. The pay ratios range from greater than 50 to 1 (0.5% increase) to greater than 500 to 1 (5% increase). The bill exempts corporations whose average annual gross receipts during a three-year period are less than $100 million from the rate increase.