Commonsense Contractor Compensation Act of 2013

To implement common sense controls on the taxpayer-funded salaries of government contractors by limiting reimbursement for excessive compensation. 1. Short title This Act may be cited as the Commonsense Contractor Compensation Act of 2013 2. Limitation on allowable Government contractor compensation costs (a) Limitation (1) Civilian contracts Section 4304(a)(16) (16) Costs of compensation of contractor and subcontractor employees for a fiscal year, regardless of the contract funding source, to the extent that such compensation exceeds the rate payable for the Vice President under section 104 . (2) Defense contracts Section 2324(e)(1)(P) (P) Costs of compensation of contractor and subcontractor employees for a fiscal year, regardless of the contract funding source, to the extent that such compensation exceeds the rate payable for the Vice President under section 104 . (b) Conforming amendments (1) Repeal Section 1127 of title 41, United States Code, is hereby repealed. (2) Clerical amendment The table of sections at the beginning of chapter 11 of title 41, United States Code, is amended by striking the item relating to section 1127. (c) Applicability This section and the amendments made by this section shall apply only with respect to costs of compensation incurred under contracts entered into on or after the date that is 180 days after the date of the enactment of this Act. (d) Reports (1) In general Not later than 60 days after the end of each fiscal year, the Director of the Office of Management and Budget shall submit a report on contractor compensation to— (A) the Committee on Armed Services of the Senate; (B) the Committee on Armed Services of the House of Representatives; (C) the Committee on Homeland Security and Governmental Affairs of the Senate; (D) the Committee on Homeland Security of the House of Representatives; (E) the Committee on Appropriations of the Senate; and (F) the Committee on Appropriations of the House of Representatives. (2) Elements The report required under paragraph (1) shall include— (A) the total number of contractor employees, by executive agency, in the narrowly targeted exception positions described under subsection (a) during the preceding fiscal year; (B) the taxpayer-funded compensation amounts received by each contractor employee in a narrowly targeted exception position during such fiscal year; and (C) the duties and services performed by contractor employees in the narrowly targeted exception positions during such fiscal year.

Summary: Commonsense Contractor Compensation Act of 2013 - Prohibits civilian or defense contracts from allowing compensation of contractor and subcontractor employees to exceed the rate of compensation payable to the Vice-President (currently, $230,700). Allows an exception to such limitation for scientists, engineers, or other specialists who are needed to ensure that an executive agency has continued access to needed skills and capabilities. Requires the Director of the Office of Management and Budget (OMB) to report to specified congressional committees on contractor compensation, including the number of contractor employees hired in the preceding fiscal year who are exempt from the limitation on compensation imposed by this Act.