HR 687 · 105th Congress · Taxation

Income Equity Act of 1997

Introduced 1997-02-11· Sponsored by Rep. Sabo, Martin Olav [D-MN-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1997-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] Income Equity Act of 1997 - 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)

18 Democrats1 Republican1 Independent
Rep. Conyers, John, Jr. [D-MI-14]MI
Rep. Olver, John W. [D-MA-1]MA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Hinchey, Maurice D. [D-NY-26]NY
Rep. Sanders, Bernard [I-VT-At Large]VT
Rep. Towns, Edolphus [D-NY-10]NY
Rep. Martinez, Matthew G. [D-CA-31]CA
Rep. Vento, Bruce F. [D-MN-4]MN
Rep. Velazquez, Nydia M. [D-NY-12]NY
Rep. McKinney, Cynthia A. [D-GA-4]GA
Rep. Barrett, Thomas M. [D-WI-5]WI
Rep. Frank, Barney [D-MA-4]MA
Rep. English, Phil [R-PA-21]PA
Rep. Lipinski, William O. [D-IL-3]IL
Rep. Owens, Major R. [D-NY-11]NY
Rep. Dellums, Ronald V. [D-CA-9]CA
Rep. Brown, Corrine [D-FL-3]FL
Rep. McGovern, James P. [D-MA-3]MA
Rep. Lewis, John [D-GA-5]GA
Rep. Carson, Julia [D-IN-10]IN