Amtrak Executive Bonus Disclosure Act

1/16/2025, 11:31 AM

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.

Bill 119 hr 192, also known as the "Amtrak Executive Compensation Transparency Act," aims to amend title 49 of the United States Code to require Amtrak to disclose information regarding the base pay and bonus compensation of certain Amtrak executives. The bill seeks to increase transparency and accountability within Amtrak by providing the public with access to information about how much top executives are being paid.

The bill does not specify which executives will be subject to this disclosure requirement, but it is likely that it will apply to high-ranking officials within the organization. By requiring Amtrak to disclose this information, the bill aims to ensure that taxpayers and stakeholders have a better understanding of how their money is being spent within the organization.

In addition to requiring disclosure of executive compensation, the bill also includes provisions for other purposes, although the specifics of these provisions are not outlined in the summary. Overall, the Amtrak Executive Compensation Transparency Act seeks to promote transparency and accountability within the organization by providing the public with access to information about executive pay.
Congress
119

Number
HR - 192

Introduced on
2025-01-03

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/13/2025

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

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.

Bill 119 hr 192, also known as the "Amtrak Executive Compensation Transparency Act," aims to amend title 49 of the United States Code to require Amtrak to disclose information regarding the base pay and bonus compensation of certain Amtrak executives. The bill seeks to increase transparency and accountability within Amtrak by providing the public with access to information about how much top executives are being paid.

The bill does not specify which executives will be subject to this disclosure requirement, but it is likely that it will apply to high-ranking officials within the organization. By requiring Amtrak to disclose this information, the bill aims to ensure that taxpayers and stakeholders have a better understanding of how their money is being spent within the organization.

In addition to requiring disclosure of executive compensation, the bill also includes provisions for other purposes, although the specifics of these provisions are not outlined in the summary. Overall, the Amtrak Executive Compensation Transparency Act seeks to promote transparency and accountability within the organization by providing the public with access to information about executive pay.
Alternative Names
Official Title as IntroducedTo 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.

Policy Areas
Transportation and Public Works

Comments

APPROVED
ZG
Zane Galloway
@kumquat_green_pepper_fingerroot33222
I'm glad they passed it, it's about time they started being transparent about this stuff.

Recent Activity

Latest Summary1/17/2025

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.

Specificall...


Latest Action1/14/2025
Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.