Bills · HR 6590
IN COMMITTEE· 119TH CONGRESS
House BillHR 6590Energy
No Bonuses for Utility Executives Act
INTRO DEC 10· LAST ACTION DEC 11
READING
4MIN
COSPONSORS
3BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters to voters because it addresses concerns about executive compensation in essential service industries like electricity, particularly when consumers face rising costs. If passed, it would create a direct link between a utility's performance regarding customer rates and the financial incentives for its top executives. This could encourage utilities to be more mindful of how rate increases impact their customers.
Without this law, utility executives could continue to receive large bonuses even if their companies implement significant rate hikes that burden customers. This bill aims to shift the focus, ensuring that executive bonuses are aligned with a company's ability to manage costs for its customers. It also provides a direct mechanism for consumers to benefit if a utility fails to comply with the new compensation rules.
KEY PROVISIONS
4AI-extractedPROVISION 01
Limits executive bonuses for certain electric utilities if customer rates increase more than the Consumer Price Index for All Urban Consumers (CPI-U).
This ties executive pay directly to how much utility rates impact consumers relative to overall inflation.
PROVISION 02
Caps any authorized executive bonus at 25 percent of the median annual compensation of non-executive employees at the same utility.
This provision links executive bonuses to the pay of regular employees, preventing disproportionately large executive payouts.
PROVISION 03
Requires utilities to report rate increases and employee compensation to the Federal Energy Regulatory Commission (FERC) for bonus approval.
This establishes a federal oversight mechanism to ensure compliance with the new bonus limitations.
PROVISION 04
Mandates that bonuses paid in violation of the rules be forfeited and redistributed as payments to the utility's customers.
This provides a direct financial consequence for non-compliance and a tangible benefit for affected customers.
SPONSORSHIP
1 + 3
D· New York
YRS IN OFFICE
1
BILLS LED
17
COSPONSOR BREAKDOWNBIPARTISAN · 66%
DEM 1 REP 2 IND 0
ACTION TIMELINE
3 EVENTSDEC 11
Sponsor introductory remarks on measure. (CR H5805)
DEC 10
Introduced in House
DEC 10
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
BILL INFO
TypeHouse Bill
NumberHR 6590
Congress119th
StatusIn Committee
IntroducedDec 10, 2025
Last actionDec 11, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED DEC 10, 2025
House BillHR 6590Energy
No Bonuses for Utility Executives Act
INTRODUCED DEC 10, 2025· LAST ACTION DEC 11, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
3
COMPLEXITY
Moderate
