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S 2312 116th Congress Senate Taxation Corporate finance and management Income tax rates Wages and earnings

Equity in Compensation Act

Introduced: July 30, 2019 Introduced by: Merkley, Jeff Democratic · Oregon See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Jul 30, 2019
Read twice and referred to the Committee on Finance.
Jul 30, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Equity in Compensation Act

This bill imposes an additional tax on the income of corporations that have gross revenues in excess of $1 billion and a wage disparity level in excess of 3,000%. A "wage disparity level" is defined as the ratio of the annual salary of the highest compensated officer of the corporation to the median annual salary of all employees of the corporation.

What's happening now July 30, 2019

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • S 2445 Related bill Fair Share for Workers Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2312: Equity in Compensation Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2312/
MLA
"S. 2312: Equity in Compensation Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2312/.
Bluebook (legal)
S. 2312, 116th Cong. (2026), https://openamerica.io/bill/116-S-2312/.
Markdown link
[S. 2312: Equity in Compensation Act](https://openamerica.io/bill/116-S-2312/)
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