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HR 8377 116th Congress House Taxation Business records Corporate finance and management Income tax rates Public contracts and procurement Wages and earnings

CEO Accountability and Responsibility Act

Introduced: September 24, 2020 Introduced by: DeSaulnier, Mark Democratic · California See on congress.gov
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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2020
Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Reform, 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.
Sep 24, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

CEO Accountability and Responsibility Act

This bill amends the Internal Revenue Code to 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 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.

What's happening now September 24, 2020

Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Reform, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8377: CEO Accountability and Responsibility Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8377/
MLA
"H.R. 8377: CEO Accountability and Responsibility Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8377/.
Bluebook (legal)
H.R. 8377, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8377/.
Markdown link
[H.R. 8377: CEO Accountability and Responsibility Act](https://openamerica.io/bill/116-HR-8377/)
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