SB0405Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, relative to the "CEO Pay Disparity Tax Act."
Introduced by London Lamar, District 33
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
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 General Subcommittee of Senate Finance, Ways & Means Committee
April 17, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Refer to Senate F,W&M Revenue Subcommittee
Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.