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Legislative record

SB 405STATE · TennesseeIntroduced

Taxes, Excise - As introduced, enacts the "CEO Pay Disparity Tax Act," which imposes a pay disparity surcharge in the amount of an additional 0.1 percent to the standard 6.5 percent excise tax rate on each company whose top executive is paid at least 100 times more than the median income of the company's employees. - Amends TCA Title 67, Chapter 4.

Voted 4/17/2026View source

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Bill text

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Roll-call record

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0 yea·0 nay

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Docket history

Action history

  1. 4/17/2026Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
  2. 3/18/2025Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation
  3. 2/18/2025Refer to Senate F,W&M Revenue Subcommittee
  4. 2/12/2025Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
  5. 2/10/2025Introduced, Passed on First Consideration
  6. 1/28/2025Filed for introduction