Senate panel reviews bill to limit severance pay for public executives
House Bill 762 would cap severance pay for political-subdivision executives at 20 weeks of compensation, bar severance for terminations for misconduct, require publicly posted severance agreements, and exempt teaching hospitals; committee left the bill pending after no public testimony was registered.
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The Senate Committee on Local Government considered House Bill 762, which would limit severance pay that political subdivisions may offer to executives.
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