Public utilities; maximum fees payable to directors of certain public utility corporations increased, terms of certain directors extended
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Progress
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- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill amends Alabama law to increase the maximum fees that can be paid to members of the boards of directors of certain public utility corporations. It also extends the terms of some of these board members. The bill includes technical revisions to update the existing code language. Specifically, it adjusts director fees based on the size of the municipality and the type of system operated by the utility.
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