An Act to relative to the revolving door between regulatory agencies and regulated industry
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to limit the employment of former employees of certain regulatory agencies by those industries they previously regulated – a practice often referred to as the ‘revolving door.’ The legislation seeks to prevent potential conflicts of interest and ensure that regulatory decisions are made without undue influence from former agency officials. It intends to increase transparency and public trust in the regulatory process by restricting these relationships. The bill will require a reporting period for these employment relationships.
Key provisions
- Former employees of certain regulatory agencies cannot be employed by the regulated industry for a specified period after leaving their government roles.
- The bill defines ‘regulated industry’ and lists specific regulatory agencies covered.
- It requires reporting of these employment relationships to a designated state agency.
- The bill establishes a timeframe for the restriction on employment.
- It aims to prevent immediate post-government employment that could compromise regulatory independence.
- The legislation includes provisions for enforcement and potential penalties for non-compliance.
Who is affected
- Regulatory Agencies (e.g., Department of Public Utilities, Department of Environmental Protection)
- Regulated Industries (e.g., energy, utilities, environmental sectors)
- Former Employees of Regulatory Agencies
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Nicholas A. Boldyga
Cosponsor
Nicholas A. Boldyga
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