Amtrak Executive Bonus Disclosure Act
Amtrak Executive Pay and Bonus Transparency
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- This bill would require Amtrak to publicly list the yearly base salary and any bonus money paid to its top leaders. This includes the CEO, the president, and other high-level officers.
- Amtrak would have to post this information on its official website so anyone can see it. Currently, this information is reported to Congress, but this change makes it easily available to the general public.
- The goal is to make the taxpayer-funded train service more transparent. Along with the dollar amounts, Amtrak must also explain the specific goals or rules they used to decide why an executive earned a bonus.
- The House of Representatives has already passed this bill, and it is now being considered by the Senate. If it becomes law, it would change how the company reports its financial details every year.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 0 (Roll no. 8). (text: CR H99)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 0 (Roll no. 8). (text: CR H99)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Considered as unfinished business. (consideration: CR H106-107)
Vote Results
1 voteOn Motion to Suspend the Rules and Pass
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Amtrak Executive Bonus Disclosure Act
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.