The BONUS Transparency Act requires federal agencies to submit annual reports to Congress detailing all performance bonuses and awards given to career Senior Executive Service employees. Each report must include the total number of bonuses awarded, the name and job title of each recipient, the specific bonus amount received, and which budget accounts paid for each award. Agencies must submit these reports within 90 days after each fiscal year ends, beginning with fiscal year 2024. The legislation covers all types of performance-related payments, including bonuses for recruitment and retention of senior federal employees. This bill aims to increase public and congressional oversight of executive branch compensation by making senior-level bonus information transparent and accessible.
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