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United States · Bill · HR

H.R. 3056 (102nd)

Income Disparities Act of 1991

referredUnited States· United States Congress· EN

Introduced

25 July 1991

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Income Disparities Act of 1991 - Amends the Internal Revenue Code to disallow a trade or business expense deduction for any excessive compensation. Describes excessive compensation as that paid or incurred by an employer for the personal services of an employee which exceeds an amount equal to 25 times the lowest compensation paid or incurred by such employer for the personal services of any other employee.

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Documents

2 official files

Introduced in House (text)

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Sources

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