Amtrak Executive Bonus Disclosure Act
In committeeAmtrak 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.
Jan 14, 2025Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Passed
The Amtrak Executive Bonus Disclosure Act requires Amtrak to publicly disclose the base pay and bonus compensation of its executive leadership team, including the criteria for bonuses. This aims to increase transparency and accountability in Amtrak's executive compensation practices.