2022 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Gooditis
HB 723: Electric Cooperatives Board of Directors

Item 490 #3h

Item 490 #3h

First Year - FY2023 Second Year - FY2024
Independent Agencies
State Corporation Commission FY2023 $50,000 FY2024 $0 GF

Page 515, line 20, strike "$33,989,788" and insert "$34,039,788".


(This amendment provides funding from the general fund in the first year for House Bill 723, which makes changes to rules for electric cooperatives' boards of directors. Specifically, the bill requires direct elections for board seats, that meetings of the board be open to members of the cooperative, that recordings of the meetings be made publicly available, and for the board to make certain disclosure to its members annually. This is a placeholder amendment until a final fiscal impact statement is produced.)