Tax Excessive CEO Pay Act of 2024

House Bill 7041 - Tax Excessive CEO Pay Act of 2024: Overview, Status, and Impact

Hozzl · 2024-02-02T20:00:23Z

Explore the details of House Bill 7041 Tax Excessive CEO Pay Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/2/2024, 8:00 PM

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Current Status of Bill HR 7041

Bill HR 7041 is currently in the status of Bill Introduced since January 18, 2024. Bill HR 7041 was introduced during Congress 118 and was introduced to the House on January 18, 2024. Bill HR 7041's most recent activity was Referred to the House Committee on Ways and Means. as of January 18, 2024

Bipartisan Support of Bill HR 7041

Total Number of Sponsors

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Policy Area and Potential Impact of Bill HR 7041

Primary Policy Focus

Alternate Title(s) of Bill HR 7041

Tax Excessive CEO Pay Act of 2024

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.