S. 1496 — Introduced in Senate

II 113th CONGRESS 1st Session S. 1496 IN THE SENATE OF THE UNITED STATES September 11, 2013 Mr. Kirk introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To enhance taxpayer accountability at public transportation agencies. 1. Short title This Act may be cited as the Public Transportation Accountability Act. 2. Prohibition (a) Definitions In this section: (1) Annual compensation The term annual compensation means all amounts paid to an individual during a calendar year, including— (A) salary; and (B) amounts paid in accordance with a severance agreement. (2) Public transportation agency The term public transportation agency has the meaning given the term in section 1402 of the National Transit Systems Security Act of 2007 (6 U.S.C. 1131). (b) Prohibition Notwithstanding any other provision of law, as a condition on the receipt of Federal funds by any public transportation agency, the public transportation agency shall be prohibited from providing annual compensation to the chief executive, or any other officer or employee, of the public transportation agency in an amount that is in excess of the annual compensation of the President of the United States as described in section 102 of title 3, United States Code.