EDUCATION-TECH
Senate Bill 95 increases compensation for Alabama Municipal Electric Authority board members to $1,750 monthly, enhancing governance and encouraging active participation.
Senate Bill 95 increases compensation for Alabama Municipal Electric Authority board members to $1,750 monthly, enhancing governance and encouraging active participation.
Bill Title: Alabama Municipal Electric Authority; Director Compensation Revised
Bill Number: SB 95
Status: Enacted
Introduced: February 12, 2025
Sponsor: Senator Donnie Chesteen
Subject: Authorities
Senate Bill 95 amends the compensation structure for the board of directors of the Alabama Municipal Electric Authority (AMEA), a public corporation that provides electric power to municipalities in Alabama.
The primary purpose of SB 95 is to revise the compensation framework for board members of the AMEA. The bill aims to provide more flexibility in how board members are compensated for their service, reflecting the responsibilities and time commitment associated with their roles.
Compensation Structure Change:
Amendment to Code: The bill specifically amends Section 11-50A-6 of the Code of Alabama 1975 to reflect these changes in compensation.
Senate Bill 95 represents a significant change in the compensation model for the AMEA's board of directors, allowing for a more structured and potentially more attractive compensation package. This change is expected to enhance governance and operational effectiveness within the authority.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.