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119th CONGRESS
2d Session |
To amend title 39, United States Code, to limit bonuses to the Postmaster General, and for other purposes.
Mr. Strong (for himself, Mr. Aderholt, Mr. Rogers of Alabama, Mr. Moore of Alabama, Mr. Palmer, Mr. Figures, and Ms. Sewell) introduced the following bill; which was referred to the Committee on Oversight and Government Reform
To amend title 39, United States Code, to limit bonuses to the Postmaster General, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Postal Executive Responsibility, Fiscal Oversight, and Results-based Management Act” or the “PERFORM Act”.
SEC. 2. Limitation on bonuses and other compensation to Postmaster General.
Section 3686 of title 39, United States Code, is amended—
(1) by redesignating subsection (e) as subsection (f); and
(2) by inserting after subsection (d) the following:
“(1) IN GENERAL.—Notwithstanding any other provision of this title, during any fiscal year, a bonus, incentive award, retention payment, or other performance-based compensation may not be paid to the Postmaster General if, during the preceding fiscal year—
“(A) total costs of the Postal Service exceeded total revenue; or
“(i) failed to meet established nationwide service performance targets;
“(ii) received a material weakness, adverse opinion, or disclaimer in its financial audit; or
“(iii) failed to submit the report to Congress required under paragraph (2).
“(2) REPORT.—Not later than 30 days after the end of each fiscal year, the Postmaster General shall submit an annual report to Congress detailing—
“(A) any bonus, incentive award, retention payment, or other performance-based compensation paid to any officer or employee of the Postal Service in senior executive or equivalent positions;
“(B) the performance metrics used to justify each bonus, incentive award, retention payment, or other performance-based compensation;
“(C) the financial performance of the Postal Service for the preceding fiscal year; and
“(D) national and district-level service performance data.
“(3) INSPECTOR GENERAL REVIEW.—The Inspector General of the Postal Service shall review the report submitted under paragraph (2) and determine whether the Postal Service complied with the requirements of the subsection.”.