HB0431Introduced in the House
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, relative to the "CEO Pay Disparity Tax Act."
Introduced by Justin Jones, District 52
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Assigned to s/c Finance, Ways, and Means Subcommittee
March 19, 2025
How did lawmakers vote?
HouseStage: HOUSE GOVERNMENT OPERATIONS COMMITTEE: ref. to Finance, Ways, and Means with Negative Recommendation · March 17, 2025
4
Yes
8
No
0
Absent or Not Voting
12 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Sam McKenzie | 15 | Yes |
| Michele Reneau | 27 | No |
| Esther Helton-Haynes | 30 | No |
| Monty Fritts | 32 | No |
| Iris Rudder | 39 | No |
| Paul Sherrell | 43 | No |
| John Clemmons | 55 | Yes |
| Aron Maberry | 68 | No |
| Jay Reedy | 74 | No |
| Justin Lafferty | 89 | No |
Bill history
Filed for introduction
Intro., P1C.
P2C, ref. to Government Operations Committee for Review - Finance, Ways & Means Committee
Placed on cal. Government Operations Committee for 3/17/2025
Ref. to Finance, Ways, and Means Committee with a Negative Recommendation
Assigned to s/c Finance, Ways, and Means Subcommittee
Verify the information
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