HR 3260 · 109th Congress · Taxation

Income Equity Act of 2005

Introduced 2005-07-12· 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.(2005-07-12)

Plain Language Summary

[AI summary unavailable — showing source text] Income Equity Act of 2005 - Amends the Internal Revenue Code to deny employers a tax 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 (13)

12 Democrats1 Independent
Rep. McKinney, Cynthia A. [D-GA-4]GA
Rep. Kucinich, Dennis J. [D-OH-10]OH
Rep. DeFazio, Peter A. [D-OR-4]OR
Rep. Wynn, Albert Russell [D-MD-4]MD
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. Sanders, Bernard [I-VT-At Large]VT
Rep. McCollum, Betty [D-MN-4]MN
Rep. Stark, Fortney Pete [D-CA-13]CA
Rep. Visclosky, Peter J. [D-IN-1]IN
Rep. Oberstar, James L. [D-MN-8]MN
Rep. Grijalva, Raúl M. [D-AZ-7]AZ
Rep. Jefferson, William J. [D-LA-2]LA
Rep. Price, David E. [D-NC-4]NC