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Sponsor proposes limits on executive pay for nonprofits receiving state grants; nonprofits oppose
Summary
Senate File 240 would bar grants to nonprofits whose executive compensation exceeds a cap tied to the governor’s pay; Minnesota Council of Nonprofits and other witnesses opposed the restriction, and the committee laid the bill over for possible inclusion.
Sen. (author) on Wednesday proposed Senate File 240, which would prohibit state grants under certain economic development and workforce programs from going to nonprofit organizations if their executive compensation exceeds a cap tied to the governor’s salary and defined total compensation.
The sponsor said the measure would ensure taxpayer funds are used for programmatic purposes by limiting…
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