Income Equity Act of 1993
Official title: To increase the minimum wage and to deny employers a deduction for payments of excessive compensation.
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Referred to the Subcommittee on Labor Standards, Occupational Health and Safety.
Income Equity Act of 1993 - Amends the Fair Labor Standards Act of 1938 to increase the minimum wage from $4.25 to $6.50 an hour.
Amends the Internal Revenue Code to deny employers a deduction for payments of excessive compensation (more than 25 times the lowest compensation paid any other employee).
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 3278: Income Equity Act of 1993. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-3278/
"H.R. 3278: Income Equity Act of 1993." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-3278/.
H.R. 3278, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-3278/.
[H.R. 3278: Income Equity Act of 1993](https://openamerica.io/bill/103-HR-3278/)