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AL HB239
Bill
Status
5/16/2012
Primary Sponsor
John Merrill
Click for details
AI Summary
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Adds the President Pro Tempore of the Senate (or designee) and the Speaker of the House of Representatives (or designee) as members of the State Industrial Development Authority.
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Changes the quorum requirement from two members to three members of the board of directors for conducting business.
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Requires board proceedings to be signed by at least three members instead of two members present at the proceedings.
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Members serving in these positions receive no additional salary beyond what is authorized by law for their state office.
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Act becomes effective immediately upon passage and approval by the Governor.
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
Delivered to Governor at 11:59 p. m. on May 16, 2012.
5/16/2012