Proposed Amendment of Utility Executive Compensation Rule doesn' - KFBB.com News, Sports and Weather

Proposed Amendment of Utility Executive Compensation Rule doesn't Pass

Posted: Updated:

Nearly two months ago at the Capitol the four members of the Montana Legislative Consumer Committee met and agreed 4 to 0 to formulate a letter that would be sent to the Public Service Commission. This letter was a proposed amendment of the Utility Executive Compensation Rule, the committee was proposing that the top three highest paid executives of regulated utility companies, like Northwestern Energy and Mountain Water Company, would have to disclose their salaries.

"These are regulated utilities, these are monopolies, they are guaranteed profits, and the profits come from federal subsidies, and from Montana tax payers" Says Senator Mitch Tropila. 

Now two members, Representative Mike Cuffe and Senator Terry Murhpy changed their minds after seeing the letter last month splitting the decision 2 to 2 saying it isn't up to this committee to make that decision it is up to the Public Service Commission.

"It isn't like it is not transparent as far as the Consumer Council is concerned, they have access to all of it and use it in their calculations as deciding whether or not to oppose or to approve a suggested rate increase." says Senator Terry Murphy. 

Since initially agreeing on a letter to enact on this proposal to act the side of transparency, the committee was split and forced into another meeting today to come to a decision on weather they would send a letter or not, and it happens that now they are not sending a letter after all.

"Two approved it and two didn't so that is why we had to determine today that in that case it would not go." continued Murphy. 

From all on board to send the letter, to being split 2 to 2, to not sending it at all, some members are not giving up on this amendment.

"But Chairman Noonan and I are going to send the letter on our own, we believe in transparency, we think the Montana Consumers Deserve to have as much information at their finger tips that they can have."

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • A Hero for Heroes

    A Hero for Heroes

    Firefighters battle blazes and save lives, but who's there for them when they need a little saving? Since 2009, the Great Falls Salvation Army has provided disaster relief services for first responders. They provide food, snacks, and drinks to those on the front lines of disaster. They do this with a tool called Sally One."So this is a mobile canteen it's a mobile kitchen and so were able to go out and provide nutrition and hydration to responders at the scene of an incident it allows them to...
    Firefighters battle blazes and save lives, but who's there for them when they need a little saving? Since 2009, the Great Falls Salvation Army has provided disaster relief services for first responders. They provide food, snacks, and drinks to those on the front lines of disaster. They do this with a tool called Sally One."So this is a mobile canteen it's a mobile kitchen and so were able to go out and provide nutrition and hydration to responders at the scene of an incident it allows them to...
  • Adam Koslen

    Adam Koslen

    Meteorologist Adam Koslen is proud to provide your morning weather forecasts at KFBB. He first joined the KFBB family in June of 2007 and is thrilled to be back in the Big Sky Country.
    Meteorologist Adam Koslen is proud to provide your morning weather forecasts at KFBB. He first joined the KFBB family in June of 2007 and is thrilled to be back in the Big Sky Country.
  • Capone's murder trial postponed last minute

    Capone's murder trial postponed last minute

    Monday, June 23 2014 9:03 PM EDT2014-06-24 01:03:03 GMT
    UPDATE: MOSCOW, Idaho - The murder trial of Charles Capone was postponed early Monday morning minutes before attorneys were to seat a jury. Judge Michael Griffin of Idaho County recused himself from the case after citing "unrelated" issues that came up unexpectedly over the weekend.
    UPDATE: MOSCOW, Idaho - The murder trial of Charles Capone was postponed early Monday morning minutes before attorneys were to seat a jury. Judge Michael Griffin of Idaho County recused himself from the case after citing "unrelated" issues that came up unexpectedly over the weekend.
  • New Police Officer in Great Falls

    New Police Officer in Great Falls

    Great falls Police Force welcomed in a brand new officer and he is our third from the state of Iowa.
    Great falls Police Force welcomed in a brand new officer and he is our third from the state of Iowa.
  • Community Spotlight: Ladies Rodeo Clinic

    Community Spotlight: Ladies Rodeo Clinic

    Lacey Gallagher joins us on Community Spotlight to talk about a great event for women in the electric city that is coming up tomorrow at the Montana State Fair.
    Lacey Gallagher joins us on Community Spotlight to talk about a great event for women in the electric city that is coming up tomorrow at the Montana State Fair.
  • A Hero for Heroes

    A Hero for Heroes

    Firefighters battle blazes and save lives, but who's there for them when they need a little saving? Since 2009, the Great Falls Salvation Army has provided disaster relief services for first responders. They provide food, snacks, and drinks to those on the front lines of disaster. They do this with a tool called Sally One."So this is a mobile canteen it's a mobile kitchen and so were able to go out and provide nutrition and hydration to responders at the scene of an incident it allows them to...
    Firefighters battle blazes and save lives, but who's there for them when they need a little saving? Since 2009, the Great Falls Salvation Army has provided disaster relief services for first responders. They provide food, snacks, and drinks to those on the front lines of disaster. They do this with a tool called Sally One."So this is a mobile canteen it's a mobile kitchen and so were able to go out and provide nutrition and hydration to responders at the scene of an incident it allows them to...
  • Hot Car Death's Rising

    Hot Car Death's Rising

    Rising summer temperatures could be deadly when it comes to parents leaving their children in a hot car. This year alone there have been 18 hot car deaths across the country. Pediatric Nurse Practitioner Nicole White explains why the deaths are occurring amongst children.“The children just can't tolerate heat fluctuations the way adults do and they are comprised of more water and their propensity for going into heat stroke just happens more rapidly. Said White.So what will happen if you leave...
    Rising summer temperatures could be deadly when it comes to parents leaving their children in a hot car. This year alone there have been 18 hot car deaths across the country. Pediatric Nurse Practitioner Nicole White explains why the deaths are occurring amongst children.“The children just can't tolerate heat fluctuations the way adults do and they are comprised of more water and their propensity for going into heat stroke just happens more rapidly. Said White.So what will happen if you leave...
Powered by WorldNow

Sports

  • Sports
  • Community

  • Community
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and Max Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.