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SB 0258 - Local Government; conduct of directors of local development authorities; modify provisions
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Tracking Level: Negotiating
Sponsor: Butterworth,Jim 50th
Last Action: 3/11/2011 - Senate Read and Referred
State Code Titles: 36
Senate Committee: ECD
Assigned To:
Clint MuellerNext Bill
Economic DevelopmentNext Bill
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Staff Analysis of the Legislation

Under current law, development authorities must publish any transaction with a member of the board of directors that is in excess of $200 per quarter in the legal organ.  This bill provides that such transactions do not have to be published if the development authority determines that the interest or involvement would not reasonably be expected to influence the member of the board of directors.  The decision of the development authority would be final and not subject to review.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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