,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dbdb  ,,in ,,the ,,house ,,of  
,,representatives  ,september #f1       
#bjai,ms4 ,velzquez introduced the      
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to amend the ,securities    
,exchange ,act of #aicd to require      
issuers to disclose information on pay  
raises made to executives and           
non-executive employees1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,greater            
,accountability in ,pay ,act of #bjai4  
#b4 ,pay raise disclosures ,section #ac 
of the ,securities ,exchange ,act of    
#aicd 7#ae ,u4,s4,c4 #ghm7 is amended by
 adding at the end the following3  7s7  
,pay raise disclosures ,an issuer       
required to file an annual report under 
this section or section #ae7;d71 that is
 not an emerging growth company1 shall  
include in such report--  7#a7 the      
percentage increase in the median of the
 annual total compensation of all       

executive officers 7as such term is     
defined in section #bdj4c;b-#g of title 
#ag1 ,code of ,federal ,regulations7 of 
the issuer over the last completed      
fiscal year2  7#b7 the percentage       
increase in the median of the annual    
total compensation of all employees of  
the issuer1 excluding executive         
officers1 over the last completed fiscal
 year2  7#c7 the ratio of the percentage
 described in paragraph 7#a7 to the     
percentage described in paragraph 7#b72 
7#d7 a comparison of the percentage     
described in paragraph 7#a7 to the      
percentage change over the same period  
in the ,consumer ,price ,index for ,all 
,urban ,consumers published by the      
,bureau of ,labor ,statistics of the    
,department of ,labor2 and  7#e7 a      
comparison of the percentage described  
in paragraph 7#b7 to the percentage     
change over the same period in the      
,consumer ,price ,index for ,all ,urban 
,consumers published by the ,bureau of  
,labor ,statistics of the ,department of

 ,labor4  4