The Secretary of State’s office has finished processing its last ballot initiative. I-21-2016 (The Hospital Executive Compensation Act) and has transmitted the 5% sample of signatures for verification to the state’s 15 counties.
The Hospital Executive Compensation Act will limit total annual compensation paid to executives, administrators, and managers of hospitals, hospital groups, and affiliated medical entities, whether operated for profit or not for profit, to the annual compensation of the President of the United States (currently $450,000).
The Act will similarly limit severance pay for hospital executives, administrators, and managers. It defines compensation to include wages, bonuses, retirement benefits, club memberships, loans, housing, transportation, life insurance and deferred compensation. The Act requires public disclosure of compensation exceeding these limits. It provides for enforcement by Attorney General or persons acting on behalf of themselves, their members, or the general public.
Signatures for verification
Apache – 10 | Cochise – 153 | Coconino – 432 | Gila – 30 | Graham -1 |
Greenlee – 0 | La Paz – 6 | Maricopa – 9101 | Mohave – 243 | Navajo – 33 |
Pima – 2718 | Pinal – 322 | Santa Cruz – 65 | Yavapai – 582 | Yuma – 123 |