To amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers., changes federal law or congressional policy affecting workers, employers, and labor regulators. The main policy domain is Labor, Foreign Policy, Immigration.
Who Benefits and How
workers, employers, and labor regulators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, workers, employers, and labor regulators may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Curtailing Executive Overcompensation (CEO) Act.
- Section idc5a49b2a4f4e4d98836a2de6a36cbadc: 2. Excise tax on excessive chief executive officer pay disparity Subtitle D of the Internal Revenue Code of 1986 is amended by adding at the end the following...
- Section idb7fdb4f9c9d24389952c99f347ac6afd: 5000E. Excessive pay disparity In the case of any employer which is an applicable employer for the calendar year, there is hereby imposed a tax equal to the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers., changes federal law or congressional policy affecting workers, employers, and labor regulators.
Key Policy Areas
Labor, Foreign Policy, Immigration
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers., changes federal law or congressional policy affecting workers, employers, and labor regulators.
Policy Domains
Whole bill
Identified Gains
- workers, employers, and labor regulators
Identified Costs
- federal implementing agencies
- workers, employers, and labor regulators
Sponsors
Legislative Progress
IntroducedMr. Whitehouse (for himself, Ms. Warren, and Mr. Merkley) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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