Public utilities; maximum fees payable to directors of certain public utility corporations increased, terms of certain directors extended

Summary

The bill amends the state code to permit higher compensation for directors of public utility corporations and to lengthen their board terms. It sets fee caps that vary by municipality size, allows larger boards, and establishes rules for municipal officers serving on those boards. The changes take effect immediately.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share