Voice your opinion on congressional bill S3176-118 and let lawmakers know your stance with UnPac!

Curtailing Executive Overcompensation (CEO) Act

This bill imposes an excise tax on employers (i.e., business entities) that have at least a 50 to 1 disparity between the wages (including bonuses, stock awards and options) of chief executive officers and the wages paid to their workers. The bill applies to employers that have not less than $100 million in annual gross receipts and $10 million in payroll over a 3 year period.

The bill limits such tax to 1% of an employer's gross receipts.

Senate Actions

IntroReferral
Nov. 01 2023	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Nov. 01 2023	Introduced in Senate

Senate bill S3176-118

Curtailing Executive Overcompensation (CEO) Act

Promote the cause!

Or use this QR code