Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Rashida Tlaib

Democrat · MI · Representative

Votes with party: 93.5% (538 recorded votes)

Full profile: /officials/T000481

Source: Congress.gov · FEC

Cosponsors (29)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-09-11

Source: Congress.gov

Committee Activity

Currently in

House Committee on Ways and MeansReferred To · 2025-09-11

Previously

Ways and Means CommitteeReferred To · 2025-09-11

Plain-English Summary

This bill would impose a special tax on companies whose chief executives earn significantly more than their typical workers, aiming to discourage extremely high CEO pay packages. The tax would apply to large corporations and would increase their tax burden based on the ratio between what a CEO makes compared to the median employee salary. The goal is to reduce income inequality by making it financially disadvantageous for companies to pay executives vastly more than their workforce.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation

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Open text view Read on Congress.gov

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