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Senate Bill 0312


 

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Senate Bill 0312

ARCHIVE (2007)

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DIGEST OF SB312 (Updated April 16, 2007 4:26 pm - DI 84)

Conservancy districts. Provides that the statute allowing local water corporations to withdraw from the jurisdiction of the utility regulatory commission (IURC) for certain purposes applies to a conservancy district that: (1) has as a purpose of the district the provision of water service; and (2) provides water service to less than 2,000 customers. (Currently the statute applies only to a water or sewer utility that: (1) is privately owned and serves less than 300 customers; (2) is a not- for-profit utility; or (3) is a cooperative corporation exempt from state and federal income taxes.) Sets the maximum per diem compensation for conservancy district board members at $100 for up to two meetings per month and $50 for up to five additional work days per month.
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     Law Enacted
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