House Bill 100 amends Tennessee Code Annotated to update the regulations governing the meetings and compensation of members of utility boards. The bill specifies that boards 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 establishes that a majority of directors must be present for meetings, and decisions require a majority vote. Additionally, it allows board members to receive necessary travel and other expenses while conducting board business, mirroring the provisions for directors of municipal electric systems.

The bill also clarifies that the expense authorization for board members supplements existing provisions for energy authorities or utility authorities created by private acts of the general assembly. This ensures that the compensation structure for utility board members aligns with similar entities, thereby enhancing operational consistency. The act is set to take effect immediately upon becoming law, emphasizing its importance for public welfare.

Statutes affected:
Introduced: 7-36-110(f), 7-36-110