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A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.
7/17/2026, 11:33 AM
Summary of Bill S 5011
This bill, designated as S. 5011 in the 119th Congress and introduced on July 16, 2026, aims to amend the Internal Revenue Code of 1986 to levy an excise tax on significantly unequal wages paid to chief executive officers, focusing on addressing wage disparities within companies.
Current Status of Bill S 5011
Bill S 5011 is currently in the status of Bill Introduced since July 16, 2026. Bill S 5011 was introduced during Congress 119 and was introduced to the Senate on July 16, 2026. Bill S 5011's most recent activity was Read twice and referred to the Committee on Finance. as of July 16, 2026
Bipartisan Support of Bill S 5011
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
5Democrat Cosponsors
5Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 5011
Primary Policy Focus
Alternate Title(s) of Bill S 5011
A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.
A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.
Comments
Sponsors and Cosponsors of S 5011
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