HB 1773 Summary

• Authorizes the DeSoto County Regional Utility Authority to acquire and use a credit card for travel expenses of board members and employees, with the authority secretary maintaining complete records of all credit card usage and receipts.

• Requires board members and employees to submit receipts to the authority clerk for review, with expenditures processed through the claims docket in the same manner as other authorized payments.

• Holds individuals personally liable for any credit card charges that are not approved by the authority, requiring reimbursement including all associated interest, fees, and collection charges.

• Permits the authority to extend credit card benefits to chief executive officers of member political jurisdictions upon board approval when their participation assists the authority's development programs.

• Authorizes the authority to sell or lease any surplus property owned by it upon conditions deemed desirable by the parties involved.