HR 620
104th Congress
House
Labor and Employment
Commerce
Earnings
Executive compensation
Income tax
Minimum wages
Tax deductions
Taxation
Income Equity Act of 1995
Introduced: January 20, 1995
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 28, 1996
Sponsor introductory remarks on measure. (CR E478-479)
Feb 1, 1995
Referred to the Subcommittee on Workforce Protections.
Jan 20, 1995
Referred to the Committee on Economic and Educational Opportunities, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 20, 1995
Sponsor introductory remarks on measure. (CR E143)
Jan 20, 1995
Introduced in House
Plain-English summary
Income Equity Act of 1995 - 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).
What's happening now
Sponsor introductory remarks on measure. (CR E478-479)
Committees of jurisdiction
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