Amtrak Executive Bonus Disclosure Act

Bill: 118-hr-8689
Sponsor: Rep. Molinaro, Marcus J. [R-NY-19]
Introduced: 2024-06-11 in the House
Policy area: Transportation and Public Works
Subjects: Congressional oversight
Government employee pay, benefits, personnel management
Government information and archives
National Railroad Passenger Corporation (Amtrak)

Summary:
action_date: 2024-06-11
text: 

Amtrak Executive Bonus Disclosure Act

This bill requires Amtrak to publicly disclose any performance-based bonus compensation paid to an Amtrak executive.

Specifically, at least 30 days before awarding performance-based bonus compensation to an Amtrak executive, Amtrak must brief Congress on (1) the proposed bonus, and (2) the criteria and metrics used to calculate the bonus.

Further, Amtrak must publish in the Federal Register (1) a notice of any bonus compensation awarded to an executive (within 30 days after awarding the bonus), and (2) the criteria and metrics used to calculate the bonus.

action_date: 2024-11-26
text: 

Amtrak Executive Bonus Disclosure Act

This bill requires Amtrak to publicly disclose the annual base pay and bonus compensation paid to an Amtrak executive in a required annual report to Congress.

Specifically, Amtrak must incorporate into the annual report the annual base pay and any bonus compensation paid to a member of the executive leadership team. This must include the criteria and metrics used to determine any bonus compensation.

Further, Amtrak must make the annual report available on Amtrak's public website.


Legislative actions:
action_date: 2024-12-10
text: Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
action_date: 2024-12-09
text: The title of the measure was amended. Agreed to without objection.
action_date: 2024-12-09
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2024-12-09
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6536)
action_date: 2024-12-09
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6536)
action_date: 2024-12-09
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 8689.
action_date: 2024-12-09
text: Considered under suspension of the rules. (consideration: CR H6536-6537)
action_date: 2024-12-09
text: Mr. Graves (LA) moved to suspend the rules and pass the bill, as amended.
action_date: 2024-11-26
text: Placed on the Union Calendar, Calendar No. 645.
action_date: 2024-11-26
text: Reported (Amended) by the Committee on Transportation and Infrastructure. H. Rept. 118-780.
action_date: 2024-11-26
text: Reported (Amended) by the Committee on Transportation and Infrastructure. H. Rept. 118-780.
action_date: 2024-09-18
text: Ordered to be Reported in the Nature of a Substitute by Unanimous Consent.
action_date: 2024-09-18
text: Committee Consideration and Mark-up Session Held
action_date: 2024-09-18
text: Subcommittee on Railroads, Pipelines, and Hazardous Materials Discharged
action_date: 2024-06-12
text: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
action_date: 2024-06-11
text: Referred to the House Committee on Transportation and Infrastructure.
action_date: 2024-06-11
text: Introduced in House
action_date: 2024-06-11
text: Introduced in House