HR 4124 · 104th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide that the denial of deduction for excessive employee compensation shall apply to all employees and to expand the types of compensation to which such denial applies.

Introduced 1996-09-19· Sponsored by Rep. Klink, Ron [D-PA-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1996-09-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to: (1) apply the excessive compensation deduction denial to all employees; and (2) expand the types of compensation to which such denial applies.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

13 Democrats
Rep. Murtha, John P. [D-PA-12]PA
Rep. Lewis, John [D-GA-5]GA
Rep. Barrett, Thomas M. [D-WI-5]WI
Rep. Owens, Major R. [D-NY-11]NY
Rep. LaFalce, John J. [D-NY-29]NY
Rep. Hilliard, Earl F. [D-AL-7]AL
Rep. Dellums, Ronald V. [D-CA-9]CA
Rep. Evans, Lane [D-IL-17]IL
Rep. Frank, Barney [D-MA-4]MA
Rep. Stupak, Bart [D-MI-1]MI
Rep. Doyle, Michael F. [D-PA-18]PA
Rep. Kaptur, Marcy [D-OH-9]OH
Del. Norton, Eleanor Holmes [D-DC-At Large]DC