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H.R. 6242

BillFederalHouseIn Committee
CEO Accountability and Responsibility Act
About This Bill
Committee
Latest Action · September 28, 2016
Referred to the House Committee on Ways and Means.
Congress
114th (2015–2017)
Introduced
September 28, 2016
Cosponsors (0)
None
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Summary

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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.

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