TennesseeTaxes, Excise - As introduced, enacts the "CEO Pay Disparity Tax Act," which imposes a pay disparity surcharge in the amount of an additional 0.1 percent to the standard 6.5 percent excise tax rate on each company whose top executive is paid at least 100 times more than the median income of the company's employees. - Amends TCA Title 67, Chapter 4.
What it does
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Assigned to s/c Finance, Ways, and Means SubcommitteeLatest
- Mar 17Ref. to Finance, Ways, and Means Committee with a Negative RecommendationMinor
- Vote recorded HOUSE GOVERNMENT OPERATIONS COMMITTEE: ref. to Finance, Ways, and Means with Negative Recommendation 3/17/2025 Failed. Result: fail.Lower
- Mar 12Placed on cal. Government Operations Committee for 3/17/2025
- Feb 5P2C, ref. to Government Operations Committee for Review - Finance, Ways & Means CommitteeMinor
- Feb 3Intro., P1C.Minor
- Jan 28Filed for introductionIntroduced