House Dems Urge Limits On Inversions, CEO Pay Deductions

Law360, New York (January 5, 2015, 5:50 PM EST) -- House Democrats on Tuesday will put forth legislation to restrict corporate inversions and limit company deductions for executive compensation, according to a letter from Minority Leader Nancy Pelosi, D-Calif., to her colleagues in the U.S. House of Representatives.

Pelosi said that her caucus will put forward a legislative package that will be an alternative to Republican priorities and will include the Stop Corporate Expatriation and Invest in America’s Infrastructure Act, which would combat corporate inversions and use the proceeds to replenish the highway trust fund, and the CEO/Employee Pay Fairness Act, which would prohibit companies from deducting executive compensation in excess...

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