S 5011·Federal·senate
Curtailing Executive Overcompensation (CEO) Act
In Committee
Sponsor: Sen. Whitehouse, Sheldon [D-RI] (D)
Latest Action
Read twice and referred to the Committee on Finance.
Jul 16, 2026
Summary
The legislation seeks to amend the Internal Revenue Code to impose a new excise tax on chief executive officers whose compensation is considered overly unequal. It would target corporations that pay CEOs significantly higher wages than other employees, aiming to address wage disparity. The bill is currently referred to the Senate Finance Committee.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when S 5011 changes status, plus AI-powered summaries and stage predictions.
Sign up free