To amend title 39, United States Code, to limit bonuses to the Postmaster General, and for other purposes.

Key Provisions

• Would stop the Postmaster General from getting bonuses if the Postal Service loses money in the previous year.
• Would stop the Postmaster General from getting bonuses if the Postal Service misses its nationwide mail delivery goals.
• Would stop the Postmaster General from getting bonuses if the Postal Service has serious financial audit problems.
• Would require the Postmaster General to send Congress a yearly report on senior executive bonuses and the Postal Service's financial and service performance.
• Would require the Postal Service's Inspector General to check if the Postal Service followed all the new rules, including bonus limits and reporting.