Official Summaries

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.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 192 Referred in Senate (RFS)]

<DOC>
119th CONGRESS
  1st Session
                                H. R. 192


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 14, 2025

    Received; read twice and referred to the Committee on Commerce, 
                      Science, and Transportation

_______________________________________________________________________

                                 AN ACT


 
  To amend title 49, United States Code, to require Amtrak to include 
   information on base pay and bonus compensation of certain Amtrak 
                  executives, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Amtrak Executive Bonus Disclosure 
Act''.

SEC. 2. AMTRAK REPORTS AND AUDITS.

    Section 24315(a) of title 49, United States Code, is amended--
            (1) by inserting ``, and make available to the public on 
        the website of Amtrak,'' after ``submit to Congress''; and
            (2) by striking paragraph (2) and inserting the following:
            ``(2) provide the annual base pay and any bonus 
        compensation paid to a member of the executive leadership team 
        (including the chief executive officer, president, and 
        officers) of Amtrak, including the criteria and metrics used to 
        determine any such bonus compensation; and''.

            Passed the House of Representatives January 13, 2025.

            Attest:

                                             KEVIN F. MCCUMBER,

                                                                 Clerk.