HR 382

112th CONGRESS
1st Session

H. R. 382

To amend the Internal Revenue Code of 1986 to limit the deductibility of excessive rates of executive compensation.

IN THE HOUSE OF REPRESENTATIVES

January 20, 2011

Ms. LEE of California (for herself and Ms. WOOLSEY) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to limit the deductibility of excessive rates of executive compensation.

SECTION 1. SHORT TITLE.

SEC. 2. DENIAL OF DEDUCTION FOR PAYMENTS OF EXCESSIVE COMPENSATION.

END