[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8689 Introduced in House (IH)]
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118th CONGRESS
2d Session
H. R. 8689
To require Amtrak to publicly disclose certain bonus compensation paid
to Amtrak executives, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 11, 2024
Mr. Molinaro introduced the following bill; which was referred to the
Committee on Transportation and Infrastructure
_______________________________________________________________________
A BILL
To require Amtrak to publicly disclose certain bonus compensation paid
to 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. PUBLIC DISCLOSURE OF TAXPAYER-ASSISTED EXECUTIVE COMPENSATION.
(a) Briefing.--Not later than 30 days before Amtrak awards
performance-based bonus compensation to an Amtrak executive, Amtrak
shall brief the Committee on Transportation and Infrastructure of the
House of Representatives and the Committee on Commerce, Science, and
Transportation of the Senate on the proposed bonus and the criteria and
metrics used to calculate such a bonus.
(b) Public Disclosure.--Amtrak shall publish in the Federal
Register--
(1) notice of any bonus compensation awarded to an Amtrak
executive not later than 30 days after awarding such bonus; and
(2) an explanation of the criteria and metrics used to
calculate such bonus.
(c) Amtrak Executive Defined.--In this section, the term ``Amtrak
executive'' means a full-time employee of Amtrak in a management
position, including the following positions:
(1) Chief Executive Officer.
(2) Executive Vice President and General Counsel and
Corporate Secretary.
(3) President.
(4) Vice President, Government Affairs, and Corporate
Communications.
(5) Executive Vice President, Capital Delivery.
(6) Executive Vice President, Strategy, Planning and
Accessibility.
(7) Executive Vice President and Chief Safety Officer.
(8) Executive Vice President and Chief Human Resource
Officer.
(9) Executive Vice President, Service Delivery and
Operations.
(10) Executive Vice President and Chief Financial Officer.
(11) Executive Vice President, Digital Technology and
Innovation.
(12) Any individual whose duties and responsibilities are
substantially similar the personnel listed in paragraphs (1)
through (11), or as defined in section 700.2(b) of title 49,
Code of Federal Regulations.
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