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United States · Bill · HR

H.R. 620 (104th)

Income Equity Act of 1995

openUnited States· United States Congress· EN

Introduced

20 January 1995

Last action

28 March 1996 · Introduced

Status

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

Sponsors

Rep. Sabo, Martin Olav [D-MN-5], Sen. Sanders, Bernard [I-VT], Rep. Torres, Esteban Edward [D-CA-34], Rep. Watt, Melvin L. [D-NC-12], Rep. Vento, Bruce F. [D-MN-4], Rep. Conyers, John, Jr. [D-MI-13], Rep. Woolsey, Lynn C. [D-CA-6], Rep. Nadler, Jerrold [D-NY-12], Rep. Pelosi, Nancy [D-CA-11], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Dellums, Ronald V. [D-CA-9], Rep. Lewis, John [D-GA-5], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Lipinski, William O. [D-IL-3], Rep. Owens, Major R. [D-NY-11], Rep. Coyne, William J. [D-PA-14], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Martinez, Matthew G. [D-CA-31], Rep. McDermott, Jim [D-WA-7], Rep. LaFalce, John J. [D-NY-29], Rep. Moakley, John Joseph [D-MA-9], Rep. Olver, John W. [D-MA-1], Rep. Lofgren, Zoe [D-CA-18], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Waxman, Henry A. [D-CA-33], Rep. Hastings, Alcee L. [D-FL-20], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Yates, Sidney R. [D-IL-9], Del. Frazer, Victor O. [I-VI-At Large], Rep. Becerra, Xavier [D-CA-34], Sen. Markey, Edward J. [D-MA]

Subjects

Discovery layer

Source updated

23 March 2026

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Summary

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).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 January 1995

    Introduced

    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.

    Source: IntroReferral

  2. 20 January 1995

    Introduced

    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.

    Source: IntroReferral

  3. 20 January 1995

    Introduced

    Sponsor introductory remarks on measure. (CR E143)

    Source: IntroReferral

  4. 20 January 1995

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 20 January 1995

    Introduced

    Introduced in House

    Source: IntroReferral

  6. 1 February 1995

    Referred

    Referred to the Subcommittee on Workforce Protections.

    Source: Committee

  7. 28 March 1996

    Introduced

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

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 20 January 1995

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  • Introduced in House (PDF)

    Introduced in House · EN · 20 January 1995

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 20 January 1995

    Open at official source

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Sponsors

Related records

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Sources

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