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Committee advances HB 160 to allow Alabama Municipal Electric Authority to pay board members a stipend
Summary
A committee advanced HB 160 to permit the Alabama Municipal Electric Authority (AMEA) to compensate board members up to $1,750 once per month; sponsor said the change would align AMEA practice with university procedures and ease financial strain on member cities.
A legislative committee advanced HB 160, a bill to allow the Alabama Municipal Electric Authority to pay its board members a stipend of up to $1,750 one time per month.
Representative Lee, presenting the bill, described AMEA as an association of 11 member cities that buys electricity in bulk and passes savings to local utilities. He said board members come from each member city and may be either…
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