TN SB 405
died on adjournmentTaxes, 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 · upper
Quick answers
Did TN SB 405 pass?
No. TN SB 405 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 (2026-04-17): Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
What is TN SB 405 about?
TN SB 405 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 SB 405?
Lamar is the primary sponsor of TN SB 405.
- Introduced
- 2025-02-10
- Latest action
- 2026-04-17 — Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Lamarprimary
Committees
Not provided by source.
Action timeline
2025-01-28
Filed for introduction
filing
2025-02-10
Introduced, Passed on First Consideration
introduction
2025-02-12
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
referral-committee
2025-02-18
Refer to Senate F,W&M Revenue Subcommittee
2025-03-18
Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation
2026-04-17
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
referral-committee
Versions
Documents
- application/pdf(no extracted text yet)
- (no extracted text yet)
Votes
Not provided by source.
Related bills
- Companion bill: HB 431
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z
Inspect retained evidence for changes recorded after evidence tracking began:
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