HR 740 · 106th Congress · Taxation

Income Equity Act of 1999

Introduced 1999-02-11· 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.(1999-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] Income Equity Act of 1999 - 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
Rep. Delahunt, William D. [D-MA-10]MA
Rep. Nadler, Jerrold [D-NY-8]NY
Rep. Lewis, John [D-GA-5]GA
Rep. McDermott, Jim [D-WA-7]WA
Rep. Stark, Fortney Pete [D-CA-13]CA
Rep. Hinchey, Maurice D. [D-NY-26]NY
Rep. Olver, John W. [D-MA-1]MA
Rep. Tierney, John F. [D-MA-6]MA
Del. Christensen, Donna MC [D-VI-At Large]VI
Rep. Brown, Sherrod [D-OH-13]OH
Rep. Sanders, Bernard [I-VT-At Large]VT
Rep. Conyers, John, Jr. [D-MI-14]MI
Rep. Vento, Bruce F. [D-MN-4]MN
Rep. Kucinich, Dennis J. [D-OH-10]OH
Rep. Towns, Edolphus [D-NY-10]NY
Rep. Miller, George [D-CA-7]CA
Rep. Markey, Edward J. [D-MA-7]MA
Rep. McGovern, James P. [D-MA-3]MA
Rep. Waxman, Henry A. [D-CA-29]CA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC