HOUSE  .  .  .  .  .  .  .  .  No. 4358

The Commonwealth of Massachusetts

________________________________________

HOUSE OF REPRESENTATIVES, February 12, 2024.

The committee on the Judiciary, to whom was referred the petition (accompanied by bill, House, No. 1717) of Alice Hanlon Peisch relative to indemnified nonprofit board member compensation, reports recommending that the accompanying bill (House, No. 4358) ought to pass.

For the committee,

MICHAEL S. DAY.

        FILED ON: 2/5/2024

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 4358

The Commonwealth of Massachusetts

_______________

In the One Hundred and Ninety-Third General Court
(2023-2024)

_______________

An Act relative to nonprofit board member compensation.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Section 85W of chapter 231 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking, in lines 2-3, the words “ compensation, other than reimbursement for actual expenses” and inserting in place thereof the following words:- compensation (other than reimbursement or allowance for expenses actually incurred” or any other thing of value in lieu of compensation not in excess of $500 per year.

SECTION 2. Said section 85W of said chapter 231 of the General Laws, as so appearing, is hereby further amended by striking, in line 7, the word “his” and inserting in place thereof the following word:- their.