US SB2312 | 2019-2020 | 116th Congress


Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 30 2019 - 25% progression
Action: 2019-07-30 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]


Equity in Compensation Act This bill imposes an additional tax on the income of corporations that have gross revenues in excess of $1 billion and a wage disparity level in excess of 3,000%. A "wage disparity level" is defined as the ratio of the annual salary of the highest compensated officer of the corporation to the median annual salary of all employees of the corporation.

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Equity in Compensation Act



2019-07-30SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB2445 (Related) 2019-09-09 - Read twice and referred to the Committee on Finance.


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Bill Comments