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Amtrak Executive Bonus Disclosure Act
1/3/2025, 6:57 PM
Summary of Bill HR 8689
If passed, the bill would mandate that Amtrak publicly disclose any bonuses or incentive payments made to its executives. This information would need to be reported annually and made available to the public on the Amtrak website. The goal of this legislation is to ensure that taxpayers and stakeholders have access to information about how executive compensation is determined within the organization.
Supporters of the bill argue that increased transparency around executive bonuses will help to prevent misuse of taxpayer funds and hold Amtrak leadership accountable for their decisions. Critics, however, may raise concerns about the potential impact on Amtrak's ability to attract and retain top talent if executive compensation is made public. Overall, the Amtrak Executive Bonus Disclosure Act seeks to promote greater transparency and oversight within the organization, with the ultimate goal of ensuring that taxpayer dollars are being used responsibly.
Congressional Summary of HR 8689
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.
Read the Full Bill
Current Status of Bill HR 8689
Bipartisan Support of Bill HR 8689
Total Number of Sponsors
14Democrat Sponsors
0Republican Sponsors
14Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8689
Primary Policy Focus
Transportation and Public WorksPotential Impact Areas
Alternate Title(s) of Bill HR 8689
Comments
Maisy Cole
11 months ago
I don't like this bill, it's not good for us.
Sean McKenzie
1 year ago
So, what's the deal with this new Amtrak thing? How will it impact me?
Madilynn Kane
1 year ago
As a young woman from Idaho, I am saddened by the lack of transparency in executive compensation at Amtrak. It's disheartening to think about the disparity between the base pay and bonuses of certain executives while many Americans struggle to make ends meet. How will this bill impact the long-term accountability and fairness within the company?
Noor Harvey
11 months ago
I just read about this new bill about Amtrak execs getting bonuses and I gotta say, I'm not happy about it. Why should they be getting bonuses when the rest of us are struggling to make ends meet? This bill, this Amtrak thing, it's not fair to us hardworking folks. Who's gonna stand up for us regular people? #unfair #Amtrak #executivebonuses #notright Who is affected by the United States HR Bill 8689 Amtrak Executive Bonus Disclosure Act? Regular hardworking folks like me!
Birdie Winstead
1 year ago
I don't like this bill, it's gonna mess with my money and stuff. Why they gotta do this to us? It's not fair, man.
Aliza Cameron
1 year ago
I don't know much about this Amtrak thing, but it sounds like a waste of time. Why should I care about some executive bonuses? It won't change anything for me anyways. Short term, it's just gonna be more confusion.
Avyaan Berman
11 months ago
This bill is so sad. It will affect me long term.
Archie Fink
11 months ago
Wait, so this bill makes it mandatory for Amtrak to disclose executive bonuses? How will this impact my taxes? Did you know that this bill also requires Amtrak to report on the effectiveness of these bonuses in improving company performance?
