3.0.0 620 2023-01-11T13:28:58Z 2023-01-11T13:28:58Z House HR 2015-01-28 114 [Congressional Record Volume 161, Number 14 (Wednesday, January 28, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. VAN HOLLEN:H.R. 620.Congress has the power to enact this legislation pursuantto the following:Sections 7 & 8 of Article I of the United StatesConstitution and Amendment XVI of the United StatesConstitution.[Page H664]]]> hswm00 Ways and Means Committee House Standing Referred to 2015-01-28T14:06:20Z 2015-01-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-01-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-01-28 Introduced in House IntroReferral 1000 9 Library of Congress V000128 Rep. Van Hollen, Chris [D-MD-8] Chris Van Hollen D MD 8 N C000537 Rep. Clyburn, James E. [D-SC-6] JAMES CLYBURN D SC E. 6 2015-01-28 True D000216 Rep. DeLauro, Rosa L. [D-CT-3] ROSA DELAURO D CT 3 2015-01-28 True S000480 Rep. Slaughter, Louise McIntosh [D-NY-25] LOUISE SLAUGHTER D NY M. 25 2015-01-28 True M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2015-01-28 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2015-01-28 True B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2015-01-28 True B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2015-01-28 True W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2015-01-28 True P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2015-01-28 True L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2015-01-28 True C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 2015-01-28 True C001066 Rep. Castor, Kathy [D-FL-14] Kathy Castor D FL 14 2015-01-28 True H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 2015-01-28 True H000324 Rep. Hastings, Alcee L. [D-FL-20] ALCEE HASTINGS D FL L. 20 2015-01-28 True W000822 Rep. Watson Coleman, Bonnie [D-NJ-12] Bonnie Watson Coleman D NJ 12 2015-01-28 True G000556 Rep. Grayson, Alan [D-FL-9] Alan Grayson D FL 9 2015-01-28 True M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2015-02-03 False D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 2015-02-25 False Taxation Corporate finance and management Economic performance and conditions Income tax deductions Inflation and prices Wages and earnings Taxation 00 2015-01-28 Introduced in House 2015-02-27T21:54:49Z CEO-Employee Paycheck Fairness Act of 2015

Amends the Internal Revenue Code to deny a publicly held corporation a tax deduction for the payment of performance-based remuneration in excess of $1 million to any of its current or former officers or directors if such corporation does not meet the pay fairness requirement established by this Act. Deems the pay fairness requirement to be satisfied if: (1) the average compensation paid by the employer for all applicable U.S. employees for the taxable year exceeds the inflation and productivity growth adjusted average (i.e., $118,450 in 2015) of such compensation for the preceding taxable year; and (2) the aggregate compensation paid by the employer to or for all applicable employees for the taxable year is not less than the aggregate of such compensation for the preceding taxable year. 

]]> CEO-Employee Paycheck Fairness Act of 2015 Display Title CEO-Employee Paycheck Fairness Act of 2015 Official Title as Introduced To amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration. Introduced in House IH Short Titles as Introduced CEO-Employee Paycheck Fairness Act of 2015 Introduced in House 2015-01-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr620ih/xml/BILLS-114hr620ih.xml 2015-01-28 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.