R25-5-4. Rates

  (1) Each member of a board within state government shall receive taxable meeting compensation (per diem) not to exceed $60 for each official meeting attended that lasts up to four hours and taxable meeting compensation (per diem) not to exceed $90 per diem for each official meeting that is longer than four hours.

  (a) These rates are applicable to an officer or employee of the executive branch, except as provided under subsection (1)(b);

  (b) These rates are applicable to an officer or employee of higher education unless higher education pays the costs of the meeting compensation (per diem).

  (2) Travel expenses shall also be paid to board members in accordance with Rule R25-7.

  (3) Members may decline to receive meeting compensation (per diem) and/or travel expenses for their services.

  (4) Upon approval by Finance, members of an independent corporation board may receive meeting compensation (per diem), at rates exceeding those established in Subsection R25-5-4(1), for each meeting attended as part of their official duties and for reasonable preparation associated with meetings of the full board or the board's subcommittees.