Minnesota HF4825 limits rate recovery for certain public utility executive pay and specifies expenses that cannot be recovered from ratepayers.

Minnesota HF4825 amends public utility regulations by limiting the rate recovery for executive pay and specifying certain expenses that cannot be recovered from ratepayers. The bill prohibits public utilities from recovering costs related to advertising, charitable contributions, travel, entertainment, and related employee expenses, board of director-related expenses, expenses for the ten highest-paid officers and employees, dues and expenses for memberships, gift expenses, aircraft expenses, and lobbying expenses.

Minnesota HF4825 limits rate recovery for certain public utility executive pay and specifies expenses that cannot be recovered from ratepayers.

Minnesota HF4825 amends public utility regulations by limiting the rate recovery for executive pay and specifying certain expenses that cannot be recovered from ratepayers. The bill prohibits public utilities from recovering costs related to advertising, charitable contributions, travel, entertainment, and related employee expenses, board of director-related expenses, expenses for the ten highest-paid officers and employees, dues and expenses for memberships, gift expenses, aircraft expenses, and lobbying expenses.