United States · Bill · S
S. 2849 (116th)
Tax Excessive CEO Pay Act of 2019
Introduced
13 November 2019
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
Tax Excessive CEO Pay Act of 2019 This bill requires an increase in the corporate income tax rate based upon the ratio of compensation paid to the corporation's highest paid employee to median worker compensation. The pay ratios range from greater than 50 to 1 (0.5% increase) to greater than 500 to 1 (5% increase). The bill exempts corporations whose average annual gross receipts during a three-year period are less than $100 million from the rate increase.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 13 November 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 13 November 2019
Introduced in Senate
summary · EN · 13 November 2019
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/2849
- Open data entity: https://api.congress.gov/v3/bill/116/s/2849