,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #bcab  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #cj1 #bjai ,mr4  
,m]kley introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to impose a surtax
 on corporations ) significant          
disp>ities 9 employee wages4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,equity 
9 ,comp5sation ,act4  #b4 ,surtax on    
corporations ) significant disp>ity 9   
employee wages  7a7 ,9 g5]al ,"p ,,ii ( 
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by       
r$esignat+ section #ab z section #ac &  
by ins]t+ aft] section #aa ! foll[+ new 
section3  #ab4 ,surtax on corporations )
 significant disp>ity 9 employee wages  
7a7 ,9 g5]al ,9 ! case ( an applicable  
corporation1 !re is h]eby impos$ 79     
addition to any o!r tax impos$ by ?is   
subtitle7 a tax equal to ! applicable   
p]c5tage ( taxable income4  7b7         
,applicable corporation ,= purposes (   

?is section1 ! t]m applicable           
corporation means any corporation :i*-- 
7#a7 has gross rev5ue = ! taxable ye> 9 
excess ( #a1jjj1jjj1jjj1 &  7#b7 has a  
wage disp>ity level 9 excess ( #c1jjj   
p]c5t4  7c7 ,applicable p]c5tage ,=     
purpose ( ?is section1 ! applicable     
p]c5tage %all be det]m9$ z foll[s3 ,9 ! 
case ( an applicable corporation ) a    
wage disp>ity level t is--,! applicable 
p]c5tage is-- ,ov] #c1jjj p]c5t b n ov] 
#e1jjj p]c5t#b ,ov] #e1jjj p]c5t b n ov]
 #aj1jjj p]c5t#c ,ov] #aj1jjj p]c5t b n 
ov] #bj1jjj p]c5t#d ,ov] #bj1jjj p]c5t b
 n ov] #ej1jjj p]c5t#e ,ov] #ej1jjj     
p]c5t b n ov] #ajj1jjj p]c5t#f ,ov]     
#ajj1jjj p]c5t#aj4  7d7 ,wage disp>ity  
level ,= purposes ( ?is section--  7#a7 
,9 g5]al ,! t]m wage disp>ity level     
means ! ratio 7express$ z a p]c5tage7 ( 
! annual sal>y ( highe/ comp5sat$ (fic] 
( ! corporation to ! m$ian annual sal>y 
( all employees ( ! corporation4  7#b7  
,det]m9ation ( annual sal>y ,! annual   
sal>y ( any (fic] or employee %all be   

det]m9$ by tak+ into acc\nt ! wages 7)9 
! mean+ ( section #caba7;a71 b det]m9$  
)\t reg>d to any doll> limitation       
conta9$ 9 su* section7 paid to su* (fic]
 or employee = s]vices p]=m$ dur+ !     
taxable ye>4 ,9 ! case ( any (fic] or   
employee :o is n employ$ = ! entire     
taxable ye>1 ! wages paid = su* taxable 
ye> %all be increas$ by an am\nt equal  
to ! product ( ! av]age daily wages paid
 to su* employees = ! numb] ( days dur+ 
! taxable ye> dur+ :i* su* employee 0   
employ$ & ! numb] ( days dur+ ! taxable 
ye> dur+ :i* su* employee 0 n s employ$4
  7e7 ,exceptions2 treatm5t ( =eign     
corporations ,rules simil> to ! rules ( 
subsections 7c7 & 7d7 ( section #aa %all
 apply = purposes ( ?is section4  4  7b7
 ,cl]ical am5dm5t ,! table ( sections = 
"p ,,ii ( sub*apt] ,a ( *apt] #a ( su*  
,code is am5d$ by r$esignat+ ! item     
relat+ to section #ab z relat+ to       
section #ac & by ins]t+ aft] ! item     
relat+ to section #aa ! foll[+ new item3
  ,sec4 #ab4 ,surtax on corporations )  

significant disp>ity 9 employee wages4  
4  7c7 ,effective date ,! am5dm5ts made 
by ?is section %all apply to taxable    
ye>s beg9n+ aft] ,decemb] #ca1 #bjai4