118 HR 8689 IH: Amtrak Executive Bonus Disclosure Act U.S. House of Representatives 2024-06-11 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 8689IN THE HOUSE OF REPRESENTATIVESJune 11, 2024Mr. Molinaro introduced the following bill; which was referred to the Committee on Transportation and InfrastructureA BILLTo require Amtrak to publicly disclose certain bonus compensation paid to Amtrak executives, and for other purposes.

1.

Short title

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

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.