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United States · Bill · HR

H.R. 1284 (118th)

CEO Accountability and Responsibility Act

referredUnited States· United States Congress· EN

Introduced

1 March 2023

Last action

1 March 2023 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Rep. DeSaulnier, Mark [D-CA-10], Jared Huffman, Del. Norton, Eleanor Holmes [D-DC-At Large], Barbara Lee, Jill Tokuda, Jesús García, Rep. Cohen, Steve [D-TN-9], Rep. Schakowsky, Janice D. [D-IL-9]

Subjects

Taxation

Source updated

4 February 2025

Taxation

Summary

CEO Accountability and Responsibility Act This bill increases the corporate income tax rate for publicly traded corporations that pay their chief executive officers or highest paid employees more than 100 times the median compensation of all their U.S. employees or that increase the number of contracted or foreign employees. The bill also requires an executive agency, in the evaluation of bids or proposals for federal contracts, to give preference to a bidder that has a compensation ratio of highly paid to all employees of less than 50 to 1 in the previous calendar year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 1 March 2023

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 1 March 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 1 March 2023

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Related records

Sources

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