By Mr. Falzone of Saugus, petition (accompanied by bill, House, No. 3191) of Mark V. Falzone for legislation to provide for the disclosure of compensation and other benefits of executives of private sector human service agencies.  State Administration and Regulatory Oversight.

The Commonwealth of Massachusetts

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PETITION OF:

Mark V. Falzone

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In the Year Two Thousand and Seven.

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An Act to ensure transparency in executive compensation at private sector human service agencies.

    Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1

:  Chapter 29: Section 29B shall be amended by adding the following sentences:

Organizations providing social, rehabilitative, health, or special education services yearly shall report to the commissioner the following information regarding the five highest paid employees of the organization: yearly salary, payments to retirement and/or pension plans, travel and or car allowance, housing allowance, and all other compensation for said employees; Such reports shall also include the percentage of said employee’s compensation package that is derived from: state contract dollars, municipal contract dollars, federal contract dollars, investments income and charitable donations to the organization.