Amends Chapter 207 of the Private Acts of 1996; as amended and rewritten.
Tennessee SB2700 proposes to increase the monthly salary of aldermen from $120 to $300, contingent upon local approval, while ensuring that the increase does not apply to current incumbents until the end of their elected term. Additionally, the bill establishes that purchasing limits for the municipality will align with state law rather than being defined by specific amounts in the local charter. This legislation primarily affects the compensation of elected aldermen and the procurement processes within the municipality.
Tennessee SB2700 proposes to increase the monthly salary of aldermen from $120 to $300, contingent upon local approval, while ensuring that the increase does not apply to current incumbents until the end of their elected term. Additionally, the bill establishes that purchasing limits for the municipality will align with state law rather than being defined by specific amounts in the local charter. This legislation primarily affects the compensation of elected aldermen and the procurement processes within the municipality.
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