3.0.0 6242 2023-01-11T13:33:41Z 2023-01-11T13:33:41Z House HR 2016-09-28 114 [Congressional Record Volume 162, Number 147 (Wednesday, September 28, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DeSAULNIER:H.R. 6242.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.[Page H6106]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-09-28T14:13:50Z Student Borrower Fairness Act 114 3675 HR 2016-03-23 Referred to the Subcommittee on Higher Education and Workforce Training. Related bill CRS 2016-09-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-09-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-09-28 Introduced in House IntroReferral 1000 9 Library of Congress D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 N Taxation Corporate finance and management Income tax rates Wages and earnings Taxation 00 2016-09-28 Introduced in House 2017-02-13T17:13:26Z 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.

]]> CEO Accountability and Responsibility Act Display Title CEO Accountability and Responsibility Act Official Title as Introduced 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. Introduced in House IH Short Titles as Introduced CEO Accountability and Responsibility Act Introduced in House 2016-09-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr6242ih/xml/BILLS-114hr6242ih.xml 2016-09-28 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.