HR 3301 United States House · 117th Congress

CEO Accountability and Responsibility Act

Summary

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.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2021

Committee Review

Floor Vote

President

Introduced May 18, 2021 Last action May 18, 2021

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 18, 2021

Committee

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.

lower

May 18, 2021

Introduced

Introduced in House

lower

1 primary · 9 co-sponsors