summary
Introduced
02/27/2025
02/27/2025
In Committee
12/15/2025
12/15/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
So much of the recommendations of the Public Employee Retirement Administration Commission (House, No. 18) as relates to providing for statement of financial interests flexibility
AI Summary
This bill modifies provisions related to financial interest statements for retirement board members in Massachusetts. Specifically, the bill provides two key flexibilities: first, a retirement board member who serves less than 30 days in a given year will not be required to file a statement of financial interests for that year, which reduces administrative burden for short-term or departing board members. Second, the bill allows board members who have been removed from their position for failing to file a financial interest statement to petition the commission for a waiver of their removal and future board service exclusion, provided they subsequently file their statement by a date set by the commission. These changes aim to provide more nuanced and compassionate treatment of administrative compliance requirements for public board members, recognizing that strict enforcement can sometimes be overly punitive. The bill is declared an emergency law, suggesting an urgent need to implement these flexible provisions in the state's financial disclosure regulations.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (0)
No sponsors listed
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 12/15/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/194/H22 |
| BillText | https://malegislature.gov/Bills/194/H22.pdf |
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