HR 740
106th Congress
House
Taxation
Business income tax
Commerce
Earnings
Executive compensation
Income tax
Labor and Employment
Personal income tax
Tax deductions
Income Equity Act of 1999
Introduced: February 11, 1999
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 1999
Referred to the House Committee on Ways and Means.
Feb 11, 1999
Introduced in House
Feb 11, 1999
Sponsor introductory remarks on measure. (CR E211)
Plain-English summary
Income Equity Act of 1999 - 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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1