HB1688 (2018) Detail

Relative to salary ratios for employers and employees.


HB 1688 - AS INTRODUCED

 

 

2018 SESSION

18-2518

04/03

 

HOUSE BILL 1688

 

AN ACT relative to salary ratios for employers and employees.

 

SPONSORS: Rep. Cleaver, Hills. 35; Rep. Murray, Rock. 24; Rep. Edgar, Rock. 21; Rep. Messmer, Rock. 24; Rep. J. Schmidt, Hills. 28

 

COMMITTEE: Labor, Industrial and Rehabilitative Services

 

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ANALYSIS

 

This bill establishes a salary ratio for employers and employees in companies incorporated or doing business in New Hampshire.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2518

04/03

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to salary ratios for employers and employees.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Section; Protective Legislation; Salary Ratio.  Amend RSA 275 by inserting after section 43-c the following new section:

275:43-d  Salary Ratio.  No employer incorporated in this state shall pay its highest paid salaried employee more than 43 times the amount paid to its lowest paid salaried employee.  No employer incorporated in another state but doing business in this state shall pay its highest paid salaried employee in this state more than 34 times the amount paid to its lowest paid salaried employee in this state.  There shall be no maximum salary limit provided the ratio between lowest and highest paid employees is maintained.

2  Effective Date.  This act shall take effect 60 days after its passage.

Links

HB1688 at GenCourtMobile

Action Dates

Date Body Type
Jan. 31, 2018 House Hearing
Feb. 14, 2018 House Exec Session
House Floor Vote
March 6, 2018 House Floor Vote

Bill Text Revisions

HB1688 Revision: 2234 Date: Nov. 13, 2017, 2:49 p.m.

Docket

Date Status
Jan. 3, 2018 Introduced 01/03/2018 and referred to Labor, Industrial and Rehabilitative Services HJ 1 P. 20
Jan. 31, 2018 Public Hearing: 01/31/2018 11:30 AM LOB 307
Feb. 14, 2018 Executive Session: 02/14/2018 LOB 307
Committee Report: Inexpedient to Legislate (Vote 20-1; CC)
March 6, 2018 Committee Report: Inexpedient to Legislate for 03/06/2018 (Vote 20-1; CC) HC 9 P. 27
March 6, 2018 Inexpedient to Legislate: MA VV 03/06/2018 HJ 6 P. 49