Assembly Panel OKs Bill To Limit Hospital Execs' Payouts

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On Wednesday, the Assembly Committee on Local Government approved a bill (AB 2180), by Assembly member Luis Alejo (D-Watsonville), that would prohibit taxpayer-funded health care districts from offering financial perks to retiring executives that are not offered to other employees. The measure comes after the Salinas Valley Memorial Healthcare System gave its outgoing CEO a $4.9 million retirement and severance package last year. The bill now goes to the full Assembly.


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