Amends Tennessee Code to allow board members of utility authorities to receive compensation for travel and meeting attendance expenses.

The bill amends Tennessee Code to allow board members of utility authorities to receive necessary traveling and other expenses while engaged in the business of the board, plus an allowance for attendance at meetings. This change aligns the compensation for utility authority board members with that of directors of municipal electric systems. The expenses are considered a cost of operation and maintenance of the authority. The amendment supplements existing authorization for boards created by private acts of the general assembly.

Amends Tennessee Code to allow board members of utility authorities to receive compensation for travel and meeting attendance expenses.

The bill amends Tennessee Code to allow board members of utility authorities to receive necessary traveling and other expenses while engaged in the business of the board, plus an allowance for attendance at meetings. This change aligns the compensation for utility authority board members with that of directors of municipal electric systems. The expenses are considered a cost of operation and maintenance of the authority. The amendment supplements existing authorization for boards created by private acts of the general assembly.