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H.R. 4320 116th Congress House

Corporate Management Accountability Act of 2019

Official title: To ensure that irresponsible corporate executives, rather than shareholders, pay fines and penalties.

Introduced: September 12, 2019 See on congress.gov
Commerce Administrative law and regulatory proceduresBusiness recordsCivil actions and liabilityCorporate finance and management
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SecuritiesSecurities and Exchange Commission (SEC)Wages and earnings
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 11, 2019
Placed on the Union Calendar, Calendar No. 268.
Dec 11, 2019
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-337.
Sep 20, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 22.
Sep 20, 2019
Committee Consideration and Mark-up Session Held.
Sep 19, 2019
Committee Consideration and Mark-up Session Held.
Sep 18, 2019
Committee Consideration and Mark-up Session Held.
Sep 12, 2019
Referred to the House Committee on Financial Services.
Sep 12, 2019
Introduced in House
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 Latest action December 11, 2019

Placed on the Union Calendar, Calendar No. 268.

 Plain-English summary Congressional Research Service

Corporate Management Accountability Act of 2019

This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.

 Related & companion bills 1
  • S 1885 Corporate Management Accountability Act of 2019
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 4320: Corporate Management Accountability Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4320/
MLA
"H.R. 4320: Corporate Management Accountability Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4320/.
Bluebook (legal)
H.R. 4320, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4320/.
Markdown link
[H.R. 4320: Corporate Management Accountability Act of 2019](https://openamerica.io/bill/116-HR-4320/)
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