Tax Excessive CEO Pay Act of 2024

Cost and committee reports

Official records Congress.gov attaches to H.R. 7041.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Ms. LEE of California, as printed in the Congressional Record (Vol. 170, No. 10, January 18, 2024, Page H241):
  Article I, Section 8, Clause 1 of the Constitution The single subject of this legislation is: Applies a higher corporate tax rate on companies with excessive CEO to median worker pay ratios.
  Source: Congress.gov, Congressional Record January 18, 2024 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  190 characters

  Congress.gov bill record

  H.R. 7041, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/7041

  Record last updated by Congress.gov

  December 5, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  522c5fddcf7ed98563076b14b87a986fbbe31a6e4a30cc78d8f10b90b98fad02

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of December 5, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 7041, last updated December 5, 2025. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.