Relating to compensation for services and reimbursement for expenses of a member of the board of directors of the Lake View Management and Development District.
Summary
SB1899 aims to amend the Special District Local Laws Code specifically relating to the compensation and reimbursement for expenses of members of the board of directors of the Lake View Management and Development District. The bill defines the types of duties that would entitle a director to receive compensation and also sets out the terms under which directors could be reimbursed for expenses incurred in the performance of their duties. This formal definition aims to ensure that directors are fairly compensated for their substantive contributions to the board, while distinguishing these from routine tasks that do not warrant additional payment.
The bill specifically establishes a compensation cap of $150 per day for each day spent fulfilling the duties of a director, with an annual limit on total compensation set at a maximum of $7,200. This provision emphasizes accountability and clarity within the compensation structure of the board, aiming to instill greater transparency regarding how funds are allocated for board activities.
Notably, the legal implications of this bill highlight its applicability only to expenses incurred by board members after the bill's effective date. Expenses incurred prior to this change will continue to be governed by existing laws, allowing for a transitional phase that acknowledges previous compensation arrangements, which may have been less structured.
The bill's introduction followed required procedures, including notifying relevant parties and ensuring that proper recommendations were submitted by the Texas Commission on Environmental Quality. This adherence to legislative processes affirms the bill's legitimacy and preparedness for potential enactment. If passed, SB1899 may represent a step towards improving governance and operational clarity within the Lake View Management and Development District.
Identical
Relating to compensation for services and reimbursement for expenses of a member of the board of directors of the Lake View Management and Development District.
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