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House approves executive-compensation bill after amendments; some members object to raises

Utah House of Representatives · March 1, 2005
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Summary

H.B. 288, an annual executive-compensation update, was amended on the floor and passed the House 47–25. Lawmakers debated fairness to rank-and-file employees and whether some salary increases should be delayed or indexed.

The House approved H.B. 288, the Executive Compensation Amendments, after floor amendments and debate over fairness and timing.

Representative Alexander, speaking for the bill, said the measure updates pay ranges recommended by the compensation commission and noted the need to attract qualified individuals to executive positions that…

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