Loading chat...
AL HB477
Bill
Status
5/4/2011
Primary Sponsor
Mike Millican
Click for details
AI Summary
-
Adds the President Pro Tempore of the Senate, or their designee, and the Speaker of the House of Representatives, or their designee, as members of the State Industrial Development Authority Board of Directors.
-
Changes the quorum requirement from two members to three members of the board of directors for the transaction of business.
-
Requires board proceedings to be signed by at least three members instead of two members present at the proceedings.
-
Board members continue to receive no additional salary beyond what is authorized by law for their state offices.
-
Act becomes effective immediately upon passage and approval by the Governor, or upon becoming law.
Legislative Description
Industrial Development Authority, members, composition altered to include President Pro Tempore of Senate or designee and Speaker of the House or designee, Sec. 41-10-25 am'd.
Industrial Development Authority
Last Action
Pending third reading on day 28 Favorable from Business and Labor
5/31/2011