# 116-hr-8377: CEO Accountability and Responsibility Act

116-hr-8377, CEO Accountability and Responsibility Act, is a 116th Congress bill sponsored by Rep. DeSaulnier, Mark [D-CA-10] (D-CA); status 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. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8377
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8377
- Congress: 116
- Title: CEO Accountability and Responsibility Act
- Status: 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.
- Introduced: 2020-09-24
- Sponsor: Rep. DeSaulnier, Mark [D-CA-10] (D-CA)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

CEO Accountability and Responsibility Act This bill amends the Internal Revenue Code to 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 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.

## Related bills

- 116-hr-8977: Workers' Right to Training Act
- 116-hr-8986: To designate the facility of the United States Postal Service located at 120 4th Street in Petaluma, California, as the "Lynn C. Woolsey Post Office Building".
- 116-hr-8904: Perkins Access, Retention, and Completion (ARC) Act
- 116-hr-8856: To award a Congressional Gold Medal to the Freedom Riders, collectively, in recognition of their unique contribution to Civil Rights, which inspired a revoluti…
- 116-hr-8820: PASS Act
- 116-hr-8809: LOVE Act of 2020

## Sources
- [116-hr-8377 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8377)

## Related
- [116-hr-8977: Workers' Right to Training Act](https://policyrisk.com/legislation/116-hr-8977)
- [116-hr-8986: To designate the facility of the United States Postal Service located at 120 4t…](https://policyrisk.com/legislation/116-hr-8986)
- [116-hr-8904: Perkins Access, Retention, and Completion (ARC) Act](https://policyrisk.com/legislation/116-hr-8904)
- [116-hr-8856: To award a Congressional Gold Medal to the Freedom Riders, collectively, in rec…](https://policyrisk.com/legislation/116-hr-8856)
- [116-hr-8820: PASS Act](https://policyrisk.com/legislation/116-hr-8820)
- [116-hr-8809: LOVE Act of 2020](https://policyrisk.com/legislation/116-hr-8809)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8377 (as of 2025-11-18).