Bill Commons

TN HB 431

died on adjournment

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.

Tennessee · 114S1 · lower

Quick answers

Did TN HB 431 pass?

No. TN HB 431 died when the 114S1 session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2025-03-19): Assigned to s/c Finance, Ways, and Means Subcommittee

What is TN HB 431 about?

TN HB 431 is a bill in the 114S1 titled “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.”.

Who sponsors TN HB 431?

Jones J is the primary sponsor of TN HB 431.

Introduced
2025-02-03
Latest action
2025-03-19 — Assigned to s/c Finance, Ways, and Means Subcommittee
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Jones Jprimary

Committees

Not provided by source.

Action timeline

  1. 2025-01-28

    Filed for introduction

    filing

  2. 2025-02-03

    Intro., P1C.

    introduction

  3. 2025-02-05

    P2C, ref. to Government Operations Committee for Review - Finance, Ways & Means Committee

    referral-committee

  4. 2025-03-12

    Placed on cal. Government Operations Committee for 3/17/2025

  5. 2025-03-17

    Ref. to Finance, Ways, and Means Committee with a Negative Recommendation

    referral-committee

  6. 2025-03-19

    Assigned to s/c Finance, Ways, and Means Subcommittee

    referral-committee

Versions

Documents

Votes

  • HOUSE GOVERNMENT OPERATIONS COMMITTEE: ref. to Finance, Ways, and Means with Negative Recommendation 3/17/2025 Failed

    2025-03-17 · fail · 4-8

Related bills

Official source

https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB0431&ga=114

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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