Bill Commons

TN SB 405

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 · upper

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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

Newest first

  1. 2026-04-17

    Assigned to General Subcommittee of Senate Finance, Ways & Means Committee

    referral-committee

  2. 2025-03-18

    Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation

  3. 2025-02-18

    Refer to Senate F,W&M Revenue Subcommittee

  4. 2025-02-12

    Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee

    referral-committee

  5. 2025-02-10

    Introduced, Passed on First Consideration

    introduction

  6. 2025-01-28

    Filed for introduction

    filing

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

Attribution

Data from openstates_api_sync, retrieved 2026-10-30T09:33:45.832650Z

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