Tennessee bills · 114th Regular Session (2025-2026)
Tennessee SB 405
Taxes, Excise - As introduced, enacts the "CEO Pay Disparity Tax Act," which imposes a pay disparity surcharge in the amount of an additional 0.1 percent to the standard 6.5 percent excise tax rate on each company whose top executive is paid at least 100 times more than the median income of the company's employees. - Amends TCA Title 67, Chapter 4.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Lamar (Democratic)
Summary
No official summary is available for this bill.
Latest action(Apr 17, 2026): Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Apr 17, 2026 · House
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee - Mar 18, 2025 · House
Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation - Feb 18, 2025 · House
Refer to Senate F,W&M Revenue Subcommittee - Feb 12, 2025 · Senate
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee - Feb 10, 2025 · House
Introduced, Passed on First Consideration - Jan 28, 2025 · House
Filed for introduction