Massachusetts Attorney General Martha Coakley and her allies are stepping up their crackdown on nonprofit health insurers and other public charities that pay their boards of directors, with a fast-tracked budgetary amendment that could ban the controversial practice as soon as July 1.
Coakley already had filed a bill to bar nonprofit director pay, but Sen. Mark Montigny (D-New Bedford) now has attached Coakley’s no-pay measure to the state budget, which could dramatically speed up the process and make it harder to sideline the measure in committee.
0 Comments
View Comments
Related Content
Comments
%0D%0A%20%20Coakley%20already%20had%20filed%20a%20bill%20to%20bar%20nonprofit%20director%20pay,%20but%20Sen.%20Mark%20Montigny<%2Fa>%20(D-New%20Bedford)%20now%20has%20attached%20Coakley’s%20no-pay%20measure%20to%20the%20state%20budget,%20which%20could%20dramatically%20speed%20up%20the%20process%20and%20make%20it%20harder%20to%20sideline%20the%20measure%20in%20committee.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fpols-aim-ban-money-nonprofits-boards-mass%2F" target="_blank" class="email" data-post-id="18372" type="icon_link"> Email Email
0 Comments Comments