Section 374-F:5 Oversight Committee; Establishment; Report; Meetings.
I. There is established a legislative oversight committee on electric utility restructuring consisting of 7 members as follows:
(a) Five members of the house, at least 3 of whom shall be members of the science, technology and energy committee, or its successor, and at least one of whom shall be a member of a minority party, appointed by the speaker of the house.
(b) Two members of the senate, at least one of whom shall be a member of the energy and economic development committee, or its successor, and at least one of whom shall be a member of the minority party, appointed by the president of the senate.
II. Committee members shall be appointed to 2-year terms expiring on the first Wednesday of even-numbered years. Members may succeed themselves.
III. The committee shall provide an annual report on or before November 1 to the governor, the speaker of the house, the senate president, the state library, and the public utilities commission on the status of electric utility restructuring.
IV. The committee shall meet quarterly or as often as is necessary to conduct its business. Four members of the committee shall constitute a quorum.
V. Members shall receive mileage when attending to the duties of the committee.
Source. 1996, 129:2. 2001, 86:1, 2. 2008, 27:3, eff. Nov. 1, 2008.