HR 8689 · 118th Congress · Transportation and Public Works

Amtrak Executive Bonus Disclosure Act

Introduced 2024-06-11· Sponsored by Rep. Molinaro, Marcus J. [R-NY-19]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.(2024-12-10)

Plain Language Summary

[AI summary unavailable — showing source 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 8689, Amtrak Executive Bonus Disclosure Act

Oct 25, 2024

As ordered reported by the House Committee on Transportation and Infrastructure on September 18, 2024

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (1)

1 Republican