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Bill > H3592


MA H3592

Limiting executive salaries of state funded nonprofit organizations and public charities


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to limit executive salaries of state-funded nonprofit organizations and public charities. Labor and Workforce Development.

AI Summary

This bill aims to limit the executive salaries of state-funded nonprofit organizations and public charities in Massachusetts. It establishes a salary cap for various executive positions based on the organization's annual budget size, ranging from under $50,000 for a small organization's executive director to over $200,000 for a large organization's top executive. The bill also requires these organizations to report the annual compensation of their listed employees to the state secretary. Nonprofit organizations or public charities found in violation of the salary cap would lose their nonprofit status.

Committee Categories

Labor and Employment

Sponsors (6)

Last Action

Accompanied a study order, see H4729 (on 07/12/2018)

bill text


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