Minnesota HF76: Rate recovery of executive pay limited for certain public utilities.

What the bill says

A bill for an act relating to energy; limiting rate recovery of executive pay for certain public utilities; amending Minnesota Statutes 2024, section 216B.16, by adding a subdivision.

From the introduced text, February 7, 2025:

A bill for an act relating to energy; limiting rate recovery of executive pay for certain public utilities; amending Minnesota Statutes 2024, section 216B.16, by adding a subdivision. Section 1. Minnesota Statutes 2024, section 216B.16, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 17a.] new text end new text begin [ rate recovery limitation.] new text end new text begin [ADDED: (a) The commission is prohibited from allowing Minnesota ratepayers to pay for compensation to any of a public utility's ten highest-paid officers or employees in an amount that exceeds the governor's annual salary.] new text end new text begin [ADDED: (b) For purposes of this subdivision, the term "compensation" includes salary, incentive program payments, or any other compensation regardless of the compensation's form. Compensation does not include expense reimbursements or benefits offered to a public utility's ten highest-paid officers or employees on terms comparable to the terms under which the benefits are offered to the public utility's other employees.] new text end new text begin [ADDED: (c) Nothing in this subdivision limits the compensation paid to a public utility's ten highest-paid officers or employees from sources other than Minnesota ratepayers, including from sources made available to a public utility by the public utility's investors. The commission must ensure that compensation from sources other than …

Read the full official text

Sponsors

• Emma Greenman (D) · primary sponsor
• Patty Acomb (D)
• Esther Agbaje (D)
• Luke Frederick (D)
• Liish Kozlowski (D, 08B)
• Lee, K. (D)

Latest actions

1. May 4, 2026: Author added Lee, K.
2. April 30, 2026: Motion did not prevail 90 votes needed to suspend rules vote: 69-61
3. April 30, 2026: Motion to suspend rules
4. March 23, 2026: Authors added Frederick and Kozlowski
5. February 10, 2025: Introduction and first reading, referred to Energy Finance and Policy

Common questions

What is HF76?

HF76 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Rate recovery of executive pay limited for certain public utilities.

What does HF76 do?

In its own words: A bill for an act relating to energy; limiting rate recovery of executive pay for certain public utilities; amending Minnesota Statutes 2024, section 216B.16, by adding a subdivision.

What is the status of HF76?

In committee as of May 4, 2026. Latest action: Author added Lee, K. (May 4, 2026).

Who sponsored HF76?

Emma Greenman (D), with 5 co-sponsors.

Where is the official record for HF76?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF0076&y=2025&ssn=0&b=house