Income Equity Act of 2007

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D LeeSponsor

26 cosponsors · 26 D

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Income Equity Act of 2007 - Amends the Internal Revenue Code to: (1) deny employers a tax deduction for payments of excessive compensation to any employee (i.e., more than 25 times the lowest compensation paid any other employee); and (2) require such employers to file a report on compensation paid to their employees with the Secretary of the Treasury.

What it does: CRS summary · Introduced in House · Oct 17, 2007

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Income Equity Act of 2007

Latest action (Oct 17, 2007): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Oct 17, 2007

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.