A Colorado legislator has proposed a bill to limit spending at state-chartered entities, like Pinnacol Assurance.
Last year, the the quasi-governmental workers’ compensation insurer was criticized for lavish spending at a work-related event at Pebble Beach, Calif.
The bill, House Bill 1121, would prohibit any spending on behalf of any board member, officer or employee on travel-related expenditures that would exceed, on a daily basis, two times the maximum allowable federal per diem rate. State-chartered entities also would be prohibited from making travel-related expenditures on behalf of a spouse or immediate family of an employee.
The bill is scheduled to be heard by the House State, Veterans and Military Affairs Committee on Thursday.
Was this article valuable?
Here are more articles you may enjoy.