Legis Daily

A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.

USA119th CongressS-5011| Senate 
| Updated: 7/16/2026
Sheldon Whitehouse

Sheldon Whitehouse

Democratic Senator

Rhode Island

Cosponsors (5)
Elizabeth Warren (Democratic)Chris Van Hollen (Democratic)Tammy Baldwin (Democratic)Peter Welch (Democratic)Jeff Merkley (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Timeline
Jul 16, 2026
Introduced in Senate
Jul 16, 2026
Read twice and referred to the Committee on Finance.
  • July 16, 2026
    Introduced in Senate


  • July 16, 2026
    Read twice and referred to the Committee on Finance.

A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessively disparate wages paid to chief executive officers.

USA119th CongressS-5011| Senate 
| Updated: 7/16/2026
Timeline
Jul 16, 2026
Introduced in Senate
Jul 16, 2026
Read twice and referred to the Committee on Finance.
  • July 16, 2026
    Introduced in Senate


  • July 16, 2026
    Read twice and referred to the Committee on Finance.
Sheldon Whitehouse

Sheldon Whitehouse

Democratic Senator

Rhode Island

Cosponsors (5)
Elizabeth Warren (Democratic)Chris Van Hollen (Democratic)Tammy Baldwin (Democratic)Peter Welch (Democratic)Jeff Merkley (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted