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Amtrak Executive Bonus Disclosure Act

2/12/2025, 9:00 AM

Summary of Bill HR 192

Bill 119 hr 192, also known as the "Amtrak Executive Compensation Transparency Act," aims to amend title 49 of the United States Code to require Amtrak to disclose information regarding the base pay and bonus compensation of certain Amtrak executives. The bill seeks to increase transparency and accountability within Amtrak by providing the public with access to information about how much top executives are being paid.

The bill does not specify which executives will be subject to this disclosure requirement, but it is likely that it will apply to high-ranking officials within the organization. By requiring Amtrak to disclose this information, the bill aims to ensure that taxpayers and stakeholders have a better understanding of how their money is being spent within the organization.

In addition to requiring disclosure of executive compensation, the bill also includes provisions for other purposes, although the specifics of these provisions are not outlined in the summary. Overall, the Amtrak Executive Compensation Transparency Act seeks to promote transparency and accountability within the organization by providing the public with access to information about executive pay.

Congressional Summary of HR 192

Amtrak 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.

Current Status of Bill HR 192

Bill HR 192 is currently in the status of Passed in House since January 13, 2025. Bill HR 192 was introduced during Congress 119 and was introduced to the House on January 3, 2025.  Bill HR 192's most recent activity was Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. as of January 14, 2025

Bipartisan Support of Bill HR 192

Total Number of Sponsors
12
Democrat Sponsors
0
Republican Sponsors
12
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 192

Primary Policy Focus

Transportation and Public Works

Alternate Title(s) of Bill HR 192

To amend title 49, United States Code, to require Amtrak to include information on base pay and bonus compensation of certain Amtrak executives, and for other purposes.
To amend title 49, United States Code, to require Amtrak to include information on base pay and bonus compensation of certain Amtrak executives, and for other purposes.

Comments

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