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HR 3260 109th Congress House

Income Equity Act of 2005

Official title: To amend the Internal Revenue Code of 1986 to deny employers a deduction for payments of excessive compensation.

Introduced: July 22, 2005 See on congress.gov
Taxation CommerceEarningsExecutive compensationIncome tax
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Labor and EmploymentTax deductions
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2005
Referred to the House Committee on Ways and Means.
Jul 12, 2005
Sponsor introductory remarks on measure. (CR E1469-1470)
Jul 12, 2005
Introduced in House
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 Latest action July 12, 2005

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Income Equity Act of 2005 - Amends the Internal Revenue Code to deny employers a tax deduction for payments of excessive compensation (more than 25 times the lowest compensation paid any other employee).
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 2 Independent 1
D
McCollum, Betty
Minnesota · Jul 22, 2005
 I
Sanders, Bernard
Vermont · Jul 22, 2005
 D
Schakowsky, Janice D.
Illinois · Jul 22, 2005
VISCLOSKY, PETER
· Jul 22, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3260: Income Equity Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-3260/
MLA
"H.R. 3260: Income Equity Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-3260/.
Bluebook (legal)
H.R. 3260, 109th Cong. (2026), https://openamerica.io/bill/109-HR-3260/.
Markdown link
[H.R. 3260: Income Equity Act of 2005](https://openamerica.io/bill/109-HR-3260/)
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