Tennessee 2023-2024 Regular Session

Tennessee House Bill HB3002

Introduced
3/18/24  
Refer
3/25/24  
Refer
4/9/24  
Engrossed
4/22/24  
Enrolled
4/30/24  
Passed
5/21/24  

Caption

AN ACT to amend Chapter 130 of the Private Acts of 2006; and any other acts amendatory thereto, relative to Bolivar Energy Authority.

Impact

If passed, HB3002 will formalize the appointment process for subsequent board members, who will serve five-year terms, ensuring that any vacancies will be promptly filled with the approval of the city council. This stipulation could enhance the operations of the Bolivar Energy Authority, encouraging stability and consistency in leadership. Moreover, the bill requires a two-thirds vote from the legislative body of the City of Bolivar for its approval, ensuring that the local government maintains a significant role in overseeing the management of public utilities.

Summary

House Bill 3002, introduced in the Tennessee General Assembly, seeks to amend Chapter 130 of the Private Acts of 2006 concerning the Bolivar Energy Authority. The bill's primary focus is to redefine the structure and functions of the board of directors of the Bolivar Electric Utility Board. This amendment mandates that the members of the existing utility board automatically serve as directors for an unexpired term, thus streamlining the governance process and incorporating a more direct line of accountability between the utility board and the local government entities involved.

Sentiment

The sentiment surrounding HB3002 appears to be largely positive among local authorities as it promotes efficient governance and local involvement in public utilities. Supporters argue that this approach fosters better alignment of utility operations with community interests, while also allowing for the necessary oversight to ensure accountable management. The absence of opposing votes during the voting session indicates a strong consensus among legislators regarding this bill and its intended objectives.

Contention

Despite the general support for HB3002, some concerns were raised about the potential implications of consolidating control over utility governance. Critics might argue that this model could limit diversity in leadership perspectives within the utility board, potentially leading to decisions that may not fully represent the broader community's needs. Nevertheless, the clear legislative backing highlights a sufficient level of trust in the bill's framework and its anticipated benefits for the Bolivar community.

Companion Bills

TN SB2985

Crossfiled AN ACT to amend Chapter 130 of the Private Acts of 2006; and any other acts amendatory thereto, relative to Bolivar Energy Authority.

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