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H.R. 3301 117th Congress House

CEO Accountability and Responsibility Act

Official title: To amend the Internal Revenue Code of 1986 to adjust the rate of income tax of a publicly traded corporation based on the ratio of compensation of the corporat… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to adjust the rate of income tax of a publicly traded corporation based on the ratio of compensation of the corporation's highest paid employee to the median compensation of all the corporation's employees, and for other purposes.

Introduced: May 18, 2021 Introduced by: Mark DeSaulnier Democratic · California See on congress.gov
Taxation Business recordsCorporate finance and managementIncome tax ratesPublic contracts and procurementWages and earnings
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
May 18, 2021
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.
May 18, 2021
Introduced in House
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 Latest action May 18, 2021

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.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
  • HR 1284 Reintroduced Bill CEO Accountability and Responsibility Act
  • HR 8377 Reintroduction of CEO Accountability and Responsibility Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 9
All 9 Democratic 6
Jones, Mondaire
· Nov 3, 2022
Bush, Cori
· Oct 18, 2022
 D
Schakowsky, Janice D.
Illinois · Oct 18, 2022
Lee, Barbara
· Sep 13, 2022
 D
Norton, Eleanor Holmes
District of Columbia · Dec 20, 2021
 D
Huffman, Jared
California · Sep 3, 2021
 D
Thompson, Bennie G.
Mississippi · Jul 16, 2021
 D
Cohen, Steve
Tennessee · Jul 1, 2021
 D
García, Jesús G. "Chuy"
Illinois · Jul 1, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3301: CEO Accountability and Responsibility Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3301/
MLA
"H.R. 3301: CEO Accountability and Responsibility Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3301/.
Bluebook (legal)
H.R. 3301, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3301/.
Markdown link
[H.R. 3301: CEO Accountability and Responsibility Act](https://openamerica.io/bill/117-HR-3301/)
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