HR 3633
115th Congress
House
Taxation
Corporate finance and management
Income tax rates
Wages and earnings
CEO Accountability and Responsibility Act
Introduced: August 1, 2017
Introduced by:
DeSaulnier, Mark
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2017
Referred to the House Committee on Ways and Means.
Aug 1, 2017
Introduced in House
Plain-English summary
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1