1 of 1 HOUSE DOCKET, NO. 3476 FILED ON: 1/17/2025 HOUSE . . . . . . . . . . . . . . . No. 2761 The Commonwealth of Massachusetts _________________ PRESENTED BY: Nicholas A. Boldyga _________________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General Court assembled: The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: An Act to relative to the revolving door between regulatory agencies and regulated industry. _______________ PETITION OF: NAME:DISTRICT/ADDRESS :DATE ADDED:Nicholas A. Boldyga3rd Hampden1/17/2025 1 of 3 HOUSE DOCKET, NO. 3476 FILED ON: 1/17/2025 HOUSE . . . . . . . . . . . . . . . No. 2761 By Representative Boldyga of Southwick, a petition (accompanied by bill, House, No. 2761) of Nicholas A. Boldyga for legislation to regulate the employment of former employees of certain regulatory agencies. Public Service. The Commonwealth of Massachusetts _______________ In the One Hundred and Ninety-Fourth General Court (2025-2026) _______________ An Act to relative to the revolving door between regulatory agencies and regulated industry. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: 1 Section 1. Definitions 2 As used in this act, the following words shall have the following meanings unless the 3context clearly requires otherwise: 4 (a) "Regulatory Agency" means any department, commission, board, council, authority, 5or other agency of the Commonwealth of Massachusetts that has regulatory, licensing, or 6oversight responsibilities over any industry, business, or profession. 7 (b) "Regulated Industry" means any business, corporation, or entity subject to regulation, 8oversight, or licensing by a regulatory agency of the Commonwealth. 9 (c) "Cooling-Off Period" means the period during which a former employee of a 10regulatory agency is prohibited from employment, consulting, or engaging in any contractual 11relationship with a regulated industry or any of its affiliates. 2 of 3 12 Section 2. Cooling-Off Period 13 (a) A former employee of any regulatory agency in the Commonwealth of Massachusetts 14shall be prohibited from: 15 (1) Accepting employment with, 16 (2) Becoming a consultant for, 17 (3) Providing services to, or 18 (4) Entering into any contractual agreement with 19 any entity within a regulated industry that was under the oversight, regulation, or 20licensing of the agency where the individual was employed for a period of five (5) years after the 21termination of their state employment. 22 (b) This prohibition extends to any subsidiary, parent company, or affiliate of the 23regulated entity where a direct or indirect influence over regulatory matters could be perceived. 24 Section 3. Exceptions 25 Exceptions to the cooling-off period may be granted by the State Ethics Commission only 26under the following conditions: 27 (a) The employment or contract does not involve matters directly related to the duties or 28responsibilities of the regulatory agency the individual previously served in. 29 (b) The individual can demonstrate that the proposed employment or contract would not 30result in any conflict of interest, undue influence, or appearance of impropriety. 3 of 3 31 Such exceptions shall require a written application and approval by the State Ethics 32Commission. 33 Section 4. Enforcement 34 (a) The State Ethics Commission shall have the authority to investigate violations of this 35act, impose fines, and seek remedies including but not limited to: 36 (1) Civil penalties not to exceed $50,000 for each violation. 37 (2) Injunctions to prevent employment or contracts in violation of this act. 38 (3) Mandatory divestiture of any financial benefit gained through violation of this act. 39 (b) Any employment or contract entered into in violation of this act shall be voidable at 40the option of the Commonwealth. 41 Section 5. Reporting Requirement 42 All regulatory agencies must submit an annual report to the State Ethics Commission 43detailing: 44 (a) The names and positions of employees who have left the agency within the last year. 45 (b) The names of any regulated entities where these former employees have sought or 46accepted employment or contracts within the five-year cooling-off period.