General Assembly Proposed Bill No. 6101
January Session, 2017 LCO No. 1525
*01525*
Referred to Committee on COMMERCE
Introduced by:
REP. ELLIOTT, 88th Dist.
General Assembly
Proposed Bill No. 6101
January Session, 2017
LCO No. 1525
*01525*
Referred to Committee on COMMERCE
Introduced by:
REP. ELLIOTT, 88th Dist.
AN ACT CONCERNING FINANCIAL ASSISTANCE AND TAX EXPENDITURES FOR BUSINESSES WITH HIGH CHIEF EXECUTIVE OFFICER PAY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that eligibility for state financial assistance and tax expenditures be denied to corporations whose chief executive officer earns more than one hundred times the average wage for a worker in the state.
Statement of Purpose:
To deny economic assistance and tax expenditures to any corporation whose chief executive officer earns more than one hundred times the average wage for a worker in Connecticut.