House Bill 100, sponsored by Howell, amends various sections of the Tennessee Code Annotated related to the compensation of members of utility boards. The bill specifically revises Section 7-36-110(f) by deleting the existing subsection and replacing it with new provisions. The updated language establishes that the board must hold regular monthly meetings and allows special meetings to be called by the chair or any board member in the chair's absence. It also stipulates that a majority of directors must be present for a meeting to occur and that resolutions can be adopted after one reading during the same meeting they are introduced.
Additionally, the bill allows board members to receive necessary travel and other expenses while conducting board business, as well as an allowance for meeting attendance, mirroring the provisions for directors of municipal electric systems under Section 7-52-110. This authorization is intended to supplement existing provisions for boards of directors or supervisory boards of energy or utility authorities created by private acts of the general assembly. The act is set to take effect upon becoming law, emphasizing the public welfare.
Statutes affected: Introduced: 7-36-110(f), 7-36-110