MA S1954

Bill

MA S1954

Relative to transparency, accountability, and fairness impacting utility rates

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation relative to transparency, accountability, and fairness impacting utility rates. Telecommunications, Utilities and Energy.

AI Summary

This bill aims to increase transparency, accountability, and fairness in utility rates by requiring public utility companies in Massachusetts to disclose the annual total compensation of their Chief Executive Officer (CEO) and the median annual total compensation of all their employees, including contractors, working in the state. Additionally, the bill imposes a surtax on publicly traded utilities with a CEO-to-median worker compensation ratio of 100:1 or higher, with the tax rate increasing based on the ratio. The revenue from this surtax will be deposited into the Department of Utilities Disaster Mitigation Trust Fund. Furthermore, utilities with a pay ratio above the 100:1 threshold are prohibited from raising their rates until they come into compliance with the 100:1 ratio.

Committee Categories

Transportation and Infrastructure

Sponsors (4)

Julian Cyr (D), Diana Dizoglio (D), Dylan Fernandes (D), Jason Lewis (D),

Last Action

Accompanied a study order, see S2552 (on 02/20/2020)

Official Document

https://malegislature.gov/Bills/191/S1954

(12 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/S1954
Bill	https://malegislature.gov/Bills/191/S1954.pdf

Bill	Bill Name	Last Action	Type
H1086	Stabilizing nonprofit independent DSH community hospitals via competitive commercial insurance rates for their affiliated physicians	Accompanied a study order, see H5160	Similar To
H1149	To require equivalent Medicaid reimbursement	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H1184	For equity for high value community hospitals	Reporting date extended to Thursday December 31, 2020, pending concurrence	Similar To
H1191	Relative to nursing home reimbursement rates in Provincetown	Reporting date extended to Thursday December 31, 2020, pending concurrence	Similar To
H1655	Relative to relief for the Municipal Affordable Housing Trust Fund	Accompanied a study order, see H5123	Similar To
H1792	Authorizing cities and towns to establish reduced maximum tow rates during certain declared emergencies	Accompanied a new draft, see H4289	Similar To
H2598	Relative to equalizing the Department of Revenue interest rates	Accompanied H2512	Similar To
H3558	Reforming labor rates paid by insurance companies to auto repairers in the Commonwealth	Accompanied a study order, see H5160	Similar To
H905	Relative to an investigation to review flood insurance rates	Accompanied a study order, see H5160	Similar To
S1725	Relative to equalizing the Department of Revenue interest rates	Accompanied H2512	Similar To
S2552	Order relative to authorizing the joint committee on Telecommunications, Utilities and Energy to make an investigation and study of certain current Senate documents relative to telecommunications, utilities and energy issues.	Discharged to the committee on Senate Rules	Replaced by
S967	Relative to prejudgment interest rates	Accompanied a study order, see S2496	Similar To

Bill

Bill Name

Last Action

Type

H1086

Stabilizing nonprofit independent DSH community hospitals via competitive commercial insurance rates for their affiliated physicians

Accompanied a study order, see H5160

Similar To

H1149

To require equivalent Medicaid reimbursement

Bill reported favorably by committee and referred to the committee on House Ways and Means

Similar To

H1184

For equity for high value community hospitals

Reporting date extended to Thursday December 31, 2020, pending concurrence

Similar To

H1191

Relative to nursing home reimbursement rates in Provincetown

Reporting date extended to Thursday December 31, 2020, pending concurrence

Similar To

H1655

Relative to relief for the Municipal Affordable Housing Trust Fund

Accompanied a study order, see H5123

Similar To

H1792

Authorizing cities and towns to establish reduced maximum tow rates during certain declared emergencies

Accompanied a new draft, see H4289

Similar To

H2598

Relative to equalizing the Department of Revenue interest rates

Accompanied H2512

Similar To

H3558

Reforming labor rates paid by insurance companies to auto repairers in the Commonwealth

Accompanied a study order, see H5160

Similar To

H905

Relative to an investigation to review flood insurance rates

Accompanied a study order, see H5160

Similar To

S1725

Relative to equalizing the Department of Revenue interest rates

Accompanied H2512

Similar To

S2552

Order relative to authorizing the joint committee on Telecommunications, Utilities and Energy to make an investigation and study of certain current Senate documents relative to telecommunications, utilities and energy issues.

Discharged to the committee on Senate Rules

Replaced by

S967

Relative to prejudgment interest rates

Accompanied a study order, see S2496

Similar To

Bill > S1954

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary