There is established the Joint Committee on Taxation composed of nine members. The nine members must be appointed as follows:

1. (1) three Senators appointed by the Chairman of the Senate Finance Committee;
2. (2) three members of the House of Representatives appointed by the Chairman of the Ways and Means Committee; and

3. (3) three representatives of the business community, one being a certified public accountant, appointed by the Governor.

   Members of the Senate and House of Representatives serve exofficio. The committee chairman must be one of the legislative members and the vice-chairman must be one of the business community members. Both officers are to be elected by the membership of the committee. The terms of members appointed by the Governor shall be coterminous with the term of the appointing Governor.

HISTORY: 2002 Act No. 334, Section 18.