,,ib  ,union ,calendar ,no4 #bfg  #aafth
 ,,congress  #ast ,session  ,h4 ,r4     
#dbdb  ,report ,no4 #aaf-ccf  ,,in ,,the
 ,,house ,,of ,,representatives         
,september #f1 #bjai ,ms4 ,velzquez     
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,december #aa1    
#bjai;,additional sponsor3 ,mr4 ,sherman
  ,december #aa1 #bjai ,reported with an
 amendment1 committed to the ,committee 
of the ,whole ,house on the ,state of   
the ,union1 and ordered to be printed   
,strike out all after the enacting      
clause and insert the part printed in   
italic ,for text of introduced bill1 see
 copy of bill as introduced on          
,september #f1 #bjai  ,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 ,act4  

#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  ,december #aa1 #bjai       
,reported with an amendment1 committed  
to the ,committee of the ,whole ,house  
on the ,state of the ,union1 and ordered
 to be printed