HR 620 · 104th Congress · Labor and Employment

Income Equity Act of 1995

Introduced 1995-01-20· Sponsored by Rep. Sabo, Martin Olav [D-MN-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E478-479)(1996-03-28)

Plain Language Summary

[AI summary unavailable — showing source text] Income Equity Act of 1995 - Amends the Fair Labor Standards Act of 1938 to increase the minimum wage from $4.25 to $6.50 an hour. Amends the Internal Revenue Code to deny employers a deduction for payments of excessive compensation (more than 25 times the lowest compensation paid any other employee).…

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

Cosponsors (20)

19 Democrats1 Independent