Additional tax enactment on certain corporations with high principal executive officer to median worker pay ratios

This bill imposes additional taxes on Minnesota corporations where the CEO's pay is 50 times or more than the median worker's pay, with tax rates increasing as the pay gap widens (0.2% for 50:1-100:1 ratios up to 1.5% for 500:1+). Corporations subject to this tax would also be ineligible to receive state grants or subsidies. The tax applies to corporations meeting the ratio thresholds as reported under federal pay disclosure rules, effective for taxable years beginning after December 31, 2025. It directly affects large corporations with significant CEO-worker pay disparities that report such data under federal requirements.