Certain public utilities rate recovery of executive pay limitations provision and certain utility expenses that may not be recovered from ratepayers specification provision

Summary

The bill adds a rule that stops public utilities from recovering specific expenses—like advertising, lobbying, political contributions, executive travel, and compensation above $300,000 for the ten highest‑paid officers—through customer rates. Utilities must file an annual report of any prohibited costs, and violations trigger refunds to ratepayers plus a steep penalty. The goal is to keep non‑essential costs from being charged to Minnesota electricity and gas customers.

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