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HR 6242 114th Congress House Taxation Corporate finance and management Income tax rates Wages and earnings

CEO Accountability and Responsibility Act

Introduced: September 28, 2016 Introduced by: DeSaulnier, Mark Democratic · California See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2016
Referred to the House Committee on Ways and Means.
Sep 28, 2016
Introduced in House
 Plain-English summary Congressional Research Service

CEO Accountability and Responsibility Act

This bill amends the Internal Revenue Code to: (1) increase 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, and (2) decrease the rate for publicly traded corporations that pay their chief executive officers or highest paid employees less than 50 times the median compensation of all their U.S. employees.

What's happening now September 28, 2016

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1