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    <introducedDate>2023-11-02</introducedDate>
    <congress>118</congress>
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        <title>Curtailing Executive Overcompensation (CEO) Act</title>
        <congress>118</congress>
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        <fullName>Rep. Lee, Barbara [D-CA-12]</fullName>
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        <fullName>Rep. Ocasio-Cortez, Alexandria [D-NY-14]</fullName>
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        <fullName>Rep. Frost, Maxwell [D-FL-10]</fullName>
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        <fullName>Del. Norton, Eleanor Holmes [D-DC-At Large]</fullName>
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        <fullName>Rep. Tlaib, Rashida [D-MI-12]</fullName>
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        <fullName>Rep. Jackson Lee, Sheila [D-TX-18]</fullName>
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        <lastName>JACKSON LEE</lastName>
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        <state>TX</state>
        <district>18</district>
        <sponsorshipDate>2023-11-02</sponsorshipDate>
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        <bioguideId>J000298</bioguideId>
        <fullName>Rep. Jayapal, Pramila [D-WA-7]</fullName>
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        <fullName>Rep. Bowman, Jamaal [D-NY-16]</fullName>
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        <fullName>Rep. Pocan, Mark [D-WI-2]</fullName>
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        <fullName>Rep. Lofgren, Zoe [D-CA-18]</fullName>
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        <fullName>Rep. Schakowsky, Janice D. [D-IL-9]</fullName>
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        <lastName>SCHAKOWSKY</lastName>
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        <state>IL</state>
        <middleName>D.</middleName>
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        <fullName>Rep. Hoyle, Val T. [D-OR-4]</fullName>
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        <lastName>Hoyle</lastName>
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        <middleName>T.</middleName>
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        <sponsorshipDate>2024-02-15</sponsorshipDate>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Taxation</name>
        <updateDate>2023-11-27T17:30:40Z</updateDate>
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        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-11-27T18:45:13Z</updateDate>
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          <text>&lt;p&gt; &lt;strong&gt;Curtailing Executive Overcompensation (CEO) Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;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.&lt;/p&gt; &lt;p&gt;The bill limits such tax to 1% of an employer's gross receipts.&lt;/p&gt;</text>
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    <title>Curtailing Executive Overcompensation (CEO) Act</title>
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        <titleType>Display Title</titleType>
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        <title>Curtailing Executive Overcompensation (CEO) Act</title>
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        <title>Curtailing Executive Overcompensation (CEO) Act</title>
        <updateDate>2024-05-24T13:35:30Z</updateDate>
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        <titleType>Official Title as Introduced</titleType>
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        <title>To amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.</title>
        <updateDate>2024-03-18T21:44:15Z</updateDate>
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        <date>2023-11-02T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr6191ih/xml/BILLS-118hr6191ih.xml</url>
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      <actionDate>2023-11-02</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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