H.R. 2888 · 108th Congress · 2003–2004
Income Equity Act of 2003
H.R. 2888 in the 108th Congress (2003–2004) was introduced on Jul 24, 2003, sponsored by Martin Sabo with 9 co-sponsors.
During the 108th Congress (2003–2004), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jul 24, 2003
- Co-sponsors
- 9
- Policy area
- Taxation
What it does
Income Equity Act of 2003 - Amends the Internal Revenue Code to deny employers a 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: 8 Democrats, 1 Independent.
Where it stands
- IntroducedJul 24, 2003
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Jul 24, 2003)
More bills from Martin Sabo in the 108th Congress
Other Taxation bills in the 108th Congress
- H.R. 2: Jobs and Growth Tax Relief Reconciliation Act of 2003
- H.R. 1308: Working Families Tax Relief Act of 2004
- H.R. 982: To clarify the tax treatment of bonds and other obligations issued by the Government of American…
- H.R. 4520: American Jobs Creation Act of 2004
- S. 150: Internet Tax Nondiscrimination Act
- H.R. 5365: To treat certain arrangements maintained by the YMCA Retirement Fund as church plans for the…
- H.R. 5394: To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components.
- S. 2: Jobs and Growth Tax Act of 2003
- H.R. 7: Charitable Giving Act of 2003
- H.R. 8: Death Tax Repeal Permanency Act of 2003
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. 2888 (108th Congress): Income Equity Act of 2003,” https://www.capitolreceipts.com/bill/108-hr-2888/income-equity-act-of-2003 (accessed 2026-10-17).