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H.R. 1284 118th 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: March 1, 2023 Introduced by: Mark DeSaulnier Democratic · California See on congress.gov
Taxation
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Mar 1, 2023
Introduced in House
Mar 1, 2023
Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Accountability, 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.
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 Latest action March 1, 2023

Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Accountability, 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 1
  • HR 3301 Reintroduction of CEO Accountability and Responsibility Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 7
All 7 Democratic 6
D
Schakowsky, Janice D.
Illinois · Nov 5, 2024
 D
Cohen, Steve
Tennessee · Aug 30, 2024
 D
García, Jesús G. "Chuy"
Illinois · Sep 27, 2023
 D
Tokuda, Jill N.
Hawaii · Sep 13, 2023
 D
Huffman, Jared
California · Aug 29, 2023
Lee, Barbara
· Aug 29, 2023
 D
Norton, Eleanor Holmes
District of Columbia · Aug 29, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1284: CEO Accountability and Responsibility Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-1284/
MLA
"H.R. 1284: CEO Accountability and Responsibility Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-1284/.
Bluebook (legal)
H.R. 1284, 118th Cong. (2026), https://openamerica.io/bill/118-HR-1284/.
Markdown link
[H.R. 1284: CEO Accountability and Responsibility Act](https://openamerica.io/bill/118-HR-1284/)
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