Sets compensation and maximum compensation for the boards of directors of off-track betting corporations

Summary

The bill caps how much directors of off‑track betting corporations can be paid for attending meetings and adds a yearly stipend for the board chair. It also requires reimbursement of actual, necessary expenses and makes any costs beyond the authorized amounts the responsibility of the appointing political subdivision. The limits take effect on April 1 of the first fiscal year after the law is passed.

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

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