H.R.3301 – CEO Accountability and Responsibility Act – 117th Congress
Rep. DeSaulnier, Mark [D-CA-11] Introduced in House (05/18/2021)
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.
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House of Representatives 117 Congress Legislation
House of Representatives 116 Congress Legislation
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