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HR 4124 104th Congress House

To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which…

Official title: To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expa… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which such denial applies.

Introduced: September 30, 1996 See on congress.gov
Taxation CommerceEarningsExecutive compensationIncome tax
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Labor and EmploymentLabor contractsTax deductions
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 1996
Referred to the House Committee on Ways and Means.
Sep 19, 1996
Introduced in House
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 Latest action September 19, 1996

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to: (1) apply the excessive compensation deduction denial to all employees; and (2) expand the types of compensation to which such denial applies.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Kaptur, Marcy
Ohio · Sep 30, 1996
 D
Norton, Eleanor Holmes
District of Columbia · Sep 30, 1996
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4124: To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which such denial applies.. 104th Congress. Open America. https://openamerica.io/bill/104-HR-4124/
MLA
"H.R. 4124: To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which such denial applies.." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-4124/.
Bluebook (legal)
H.R. 4124, 104th Cong. (2026), https://openamerica.io/bill/104-HR-4124/.
Markdown link
[H.R. 4124: To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which such denial applies.](https://openamerica.io/bill/104-HR-4124/)
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