- (a) A person seeking appointment under AS 14.11.014(a)(1) - (3) to the committee may submit a resume and letter of interest to the commissioner.
- (b) A term of office under AS 14.11.014(a)(1) - (3) for a member of the committee begins on March 1 and expires on the last day of February.
(c) Members of the committee appointed under AS 14.11.014(a)(1) - (3).
- (1) shall serve overlapping four-year terms commencing on March 1 following the date of the member's appointment; and
- (2) may serve not more than two consecutive terms.
- (d) The commissioner's designee and the six committee members selected by commissioner under AS 14.11.014(a)(1) - (3) serve at the pleasure of the commissioner notwithstanding a committee member's term of office under (c) of this section.
- (e) A vacancy on the committee occurring during a term of office is filled in the same manner as the original appointment and is filled for the balance of the unexpired term.
- (f) Five members of the committee constitute a quorum for the transaction of business. The vote of a majority of the members present at a meeting of the committee at which a quorum is present is necessary for any action taken by the committee.
(g) A committee member serving under AS 14.11.014(a)(1) - (3) on September 20, 2015 may be appointed to a term of office established under this section. A committee appointment under AS 14.11.014(a)(1) - (3) in effect on September 20, 2015 continues until the last day of the following February. A term of office established under this section takes effect on March 1 following September 20, 2015. Members of the committee initially appointed under this section and AS 14.11.014(a)(1) - (3) will be appointed for the following terms:
- (1) the longer-serving member in each category under AS 14.11.014(a)(1), (2), and (3) will be appointed for a three-year initial term;
- (2) the other three members will be appointed for a one-year initial term.
- (h) In this section, "committee" means the bond reimbursement and grant review committee established under AS 14.11.014.
(Eff. 9/20/2015, Register 215)
Authority: AS 14.07.020, AS 14.07.060, AS 14.11.014, AS 14.11.132