1. Short title This Act may be cited as the Stop CEO Excessive Pay Act . 2. Denial of deduction for payments of excessive compensation (a) In general Section 162 of the Internal Revenue Code of 1986 is amended by inserting after subsection (h) the following new subsections: (i) Excessive compensation (1) In general No deduction shall be allowed under this chapter for any excessive compensation for any employee of the taxpayer. (2) Excessive compensation For purposes of this subsection, the term excessive compensation means, with respect to any employee, the amount by which the compensation for services performed by such employee during the taxable year exceeds the lesser of— (A) the median of the compensation paid for services performed by all employees of the taxpayer during the taxable year, multiplied by 25, or (B) $1,000,000. (3) Other definitions and special rules For purposes of this subsection— (A) Compensation The term compensation includes wages, salary, fees, commissions, fringe benefits, deferred compensation, retirement contributions, options, bonuses, property, and any other form of remuneration that the Secretary determines is appropriate. (B) Employer All persons treated as a single employer under subsection (a) or (b) of section 52 or subsection (m) or (o) of section 414 shall be treated as a single taxpayer for purposes of this subsection. (C) Employee The term employee includes full-time, part-time, and seasonal employees. (4) Reporting Each employer which provides any excessive compensation to any employee during a taxable year shall file a report with the Secretary with respect to such taxable year including— (A) the amount of compensation of the employee of the taxpayer receiving the lowest amount of compensation during such taxable year, (B) the amount of compensation of the employee of the taxpayer receiving the highest amount of compensation during such taxable year, (C) the median compensation of all employees of the taxpayer during such taxable year, (D) the number of employees of the