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An Act To Report Certain Information in Response to Growing Financial Inequality
Be it enacted by the People of the State of Maine as follows:
Sec. 1.  26 MRSA §10  is enacted to read:
§ 10. Wage reports
By July 1, 2014 and by July 1st each year thereafter, a person who employs more than 25 employees shall report to the Department of Labor the ratio of the financial compensation of the highest paid employee to the lowest paid employee employed by that person.
 
SUMMARY
This bill requires every employer who employs more than 25 employees to report to the Department of Labor the ratio of the financial compensation of the highest paid employee to the lowest paid employee employed by that employer.