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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
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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 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
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 Plain-English summary Congressional Research Service

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 March 28, 1996

Sponsor introductory remarks on measure. (CR E478-479)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 7
All 7 Democratic 6 Independent 1
D
Markey, Edward J.
Massachusetts · May 10, 1996
 D
Lofgren, Zoe
California · Feb 27, 1996
 D
Norton, Eleanor Holmes
District of Columbia · Feb 27, 1996
 D
Velázquez, Nydia M.
New York · Mar 30, 1995
 D
Pelosi, Nancy
California · Feb 15, 1995
 D
Nadler, Jerrold
New York · Feb 7, 1995
 I
Sanders, Bernard
Vermont · Jan 30, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 620: Income Equity Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-620/
MLA
"H.R. 620: Income Equity Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-620/.
Bluebook (legal)
H.R. 620, 104th Cong. (2026), https://openamerica.io/bill/104-HR-620/.
Markdown link
[H.R. 620: Income Equity Act of 1995](https://openamerica.io/bill/104-HR-620/)
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