CEO Accountability and Responsibility Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5019 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5019 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 corporations highest paid employee to the median compensation of all the corporations employees, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES August 22, 2025 Mr. DeSaulnier introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government 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 _______________________________________________________________________ A BILL 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 corporations highest paid employee to the median compensation of all the corporations employees, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``CEO Accountability and Responsibility Act''. SEC. 2. INCOME TAX RATE OF PUBLICLY TRADED CORPORATIONS BASED ON COMPENSATION RATIO. (a) In General.--Section 11 of the Internal Revenue Code of 1986 is amended by adding at the end the following: ``(e) Tax Rate of Publicly Traded Corporations Based on Compensation Ratio.-- ``(1) In general.--In the case of a publicly traded corporation (as defined in section 162(m)(2)), in the amount of tax under subsection (b) shall be determined-- ``(A) by adjusting the highest rate of tax applicable to the taxpayer by the percentage point adjustment s