WASHINGTON — A bill that would require Amtrak to disclose information on base pay and bonuses for some of its executives has passed the House of Representatives.
H.R. 192, sponsored by U.S. Rep. David Rouzer (R-North Carolina), would require the bonus information to be available on Amtrak’s website, along with the criteria used to determine bonuses, for the company’s CEO, president, and officers. The full text is available here.
“Despite significant financial losses, reliance on government support, and ongoing performance issues, Amtrak continues to reward their executives with millions in bonus incentives,” Rouzer said in a press release. “My legislation is the first step toward increasing accountability and ensuring taxpayers know how their dollars are being spent.”
The bill passed Monday, Jan. 13, 2025, on a unanimous vote. It now moves to the Senate.
So what were the number of yea & nay?? Kind of a key part of the story missing.
It’s about time for transparency and accountability for that bunch of grifters!
Will disclosures be retroactive? Whether or not can we expect a few resignations if the bill gets signed into law?