No Bonuses for Utility Executives Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill establishes a comprehensive framework limiting executive bonuses at foreign-owned state-regulated electric utilities by: (1) requiring customer rate increases stay at or below CPI for bonus eligibility, (2) capping. It relies on compliance mandates, price controls, and reporting requirements. The main policy areas are Energy.
Who Benefits and How
US-owned electric utilities could face fewer barriers.
Who Bears the Burden and How
Foreign-owned state-regulated electric utility companies would take on compliance duties, C-suite executives at foreign-owned electric utilities could lose revenue opportunities, and Federal Energy Regulatory Commission (FERC) would take on compliance duties.
Key Provisions
- Establishes a comprehensive framework limiting executive bonuses at foreign-owned state-regulated electric utilities by: (1) requiring customer rate increases stay at or below CPI for bonus eligibility, (2) capping...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill establishes a comprehensive framework limiting executive bonuses at foreign-owned state-regulated electric utilities by: (1) requiring customer rate increases stay at or below CPI for bonus eligibility, (2) capping.
Key Policy Areas
Energy
Primary Purpose
The bill establishes a comprehensive framework limiting executive bonuses at foreign-owned state-regulated electric utilities by: (1) requiring customer rate increases stay at or below CPI for bonus eligibility, (2) capping.
Policy Domains
Section 2 - Limitation on bonuses for executives
Identified Gains
- US-owned electric utilities
Identified Costs
- Foreign-owned state-regulated electric utility companies
- C-suite executives at foreign-owned electric utilities
- Federal Energy Regulatory Commission (FERC)
- Internal Revenue Service (IRS)
Sponsors
Legislative Progress
In CommitteeSponsor introductory remarks on measure. (CR H5805)
Mr. Riley of New York (for himself and Mr. Van …
Referred to the Committee on Energy and Commerce, and in …
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
C-suite executives at foreign-owned electric utilities, Foreign-owned state-regulated electric utility companies, US-owned electric utilities
Positive-direction: US-owned electric utilities
Negative-direction: C-suite executives at foreign-owned electric utilities, Foreign-owned state-regulated electric utility companies
Federal Energy Regulatory Commission, Internal Revenue Service
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → Federal Energy Regulatory Commission (FERC)
- "the_commissioner"
- → Commissioner of Internal Revenue (IRS)
Key Definitions
Terms defined in this bill
A C-suite executive, including CEO, COO, CFO, CIO, CTO, CMO, CHRO, Chief People Officer, and any person the Commission determines holds a substantially similar title.
The rates and charges made, demanded, or received by a covered utility for or in connection with the sale of electric energy and, if applicable, natural gas.
A State regulated electric utility (as defined in section 3 of PURPA 1978) that is not wholly owned by United States persons.
An individual who is a citizen of, or lawfully admitted for permanent residence in, the United States; or an entity organized under the laws of the United States or any jurisdiction within the United States.
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology