Taxes, 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.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2023
Committee Review
Feb 2023
Senate Passage
Feb 2023
House Passage
Governor
Introduced Feb 2, 2023
Last action Feb 14, 2023
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
1
Feb 14, 2023
Upper · Passed
Refer to Senate F,W&M Revenue Subcommittee
upper
Feb 6, 2023
Upper · Passed
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
upper
Feb 2, 2023
Introduced
Introduced, Passed on First Consideration
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
London Lamar
DDemocratic
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