HB 363: "An Act relating to the membership of the Alaska Industrial Development and Export Authority."

00 HOUSE BILL NO. 363 01 "An Act relating to the membership of the Alaska Industrial Development and Export 02 Authority." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 44.88.030(a) is amended to read: 05 (a) The membership of the authority consists of 06 (1) the commissioner of revenue [AND THE COMMISSIONER OF 07 COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT]; and 08 (2) four [ONE OTHER PERSON APPOINTED BY THE 09 GOVERNOR WHO SERVES AS THE HEAD OF A PRINCIPAL DEPARTMENT 10 OF THE EXECUTIVE BRANCH; AND 11 (3) TWO] public members appointed by the governor each of whom 12 has expertise in private sector business and possesses demonstrated leadership 13 skills. 14 * Sec. 2. AS 44.88.030(b) is amended to read:

01 (b) If the commissioner of revenue [A MEMBER DESCRIBED IN (a)(1) 02 OR (a)(2) OF THIS SECTION] is unable to attend a meeting of the authority, the 03 commissioner [MEMBER] may by an instrument in writing filed with the authority, 04 designate a deputy or assistant to act in the commissioner's [MEMBER'S] place as a 05 member at the meeting. For all purposes of this chapter, the designee is a member of 06 the authority at the meeting. 07 * Sec. 3. AS 44.88.030(c) is amended to read: 08 (c) Public members [MEMBERS] of the authority described in (a)(2) [AND 09 (a)(3)] of this section serve two-year terms. 10 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to 11 read: 12 ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY; 13 TRANSITION. The two additional public members appointed to the Alaska Industrial 14 Development and Export Authority under AS 44.88.030(a), as amended by sec. 1 of this Act, 15 who are appointed after the effective date of this Act shall serve staggered terms as follows: 16 (1) one member shall serve a one-year term; 17 (2) one member shall serve a two-year term.