H.R. 3260 · 109th Congress · 2005–2006
Income Equity Act of 2005
H.R. 3260 in the 109th Congress (2005–2006) was introduced on Jul 12, 2005, sponsored by Martin Sabo with 13 co-sponsors.
During the 109th Congress (2005–2006), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jul 12, 2005
- Co-sponsors
- 13
- Policy area
- Taxation
What it does
Income Equity Act of 2005 - Amends the Internal Revenue Code to deny employers a tax deduction for payments of excessive compensation (more than 25 times the lowest compensation paid any other employee).
Summary by the nonpartisan Congressional Research Service.
Sponsor
Martin Sabo (D-MN). Co-sponsors: 12 Democrats, 1 Independent.
Where it stands
- IntroducedJul 12, 2005
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Jul 12, 2005)
More bills from Martin Sabo in the 109th Congress
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- H.R. 1270: To amend the Internal Revenue Code of 1986 to extend the Leaking Underground Storage Tank Trust…
- H.R. 1134: To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of certain…
- H.R. 3768: Katrina Emergency Tax Relief Act of 2005
- H.R. 4440: Gulf Opportunity Zone Act of 2005
- H.R. 4297: Tax Increase Prevention and Reconciliation Act of 2005
- H.R. 1499: Heroes Earned Retirement Opportunities Act
- H.R. 6111: Tax Relief and Health Care Act of 2006
- H.R. 6131: To permit certain expenditures from the Leaking Underground Storage Tank Trust Fund.
- H.R. 6429: Fallen Firefighters Assistance Tax Clarification Act of 2006
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 3260 (109th Congress): Income Equity Act of 2005,” https://www.capitolreceipts.com/bill/109-hr-3260/income-equity-act-of-2005 (accessed 2026-10-17).