HR 6242 · 114th Congress · Taxation

CEO Accountability and Responsibility Act

Introduced 2016-09-28· Sponsored by Rep. DeSaulnier, Mark [D-CA-11]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2016-09-28)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only