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CSHB 363(L&C): "An Act relating to the membership of the Alaska Industrial Development and Export Authority."

00 CS FOR HOUSE BILL NO. 363(L&C) 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. The uncodified law of the State of Alaska is amended by adding a new section 05 to read: 06 LEGISLATIVE INTENT. The legislature intends that the public members of the 07 Alaska Industrial Development and Export Authority 08 (1) are appointed to provide as broad a geographical representation as 09 practical; and 10 (2) represent a broad spectrum of the industries most important to the state's 11 economic development, bearing in mind that the directors of the Alaska Industrial 12 Development and Export Authority also serve as directors of the Alaska Energy Authority. 13 * Sec. 2. AS 44.88.030(a) is amended to read: 14 (a) The membership of the authority consists of

01 (1) the commissioner of revenue and the commissioner of commerce, 02 community, and economic development; and 03 (2) five [ONE OTHER PERSON APPOINTED BY THE 04 GOVERNOR WHO SERVES AS THE HEAD OF A PRINCIPAL DEPARTMENT 05 OF THE EXECUTIVE BRANCH; AND 06 (3) TWO] public members appointed by the governor each of whom 07 has expertise in private sector business or industry, or both, and possesses 08 demonstrated leadership skills. 09 * Sec. 3. AS 44.88.030(b) is amended to read: 10 (b) If a commissioner [MEMBER] described in (a)(1) [OR (a)(2)] of this 11 section is unable to attend a meeting of the authority, the commissioner [MEMBER] 12 may, by an instrument in writing filed with the authority, designate a deputy or 13 assistant to act in the commissioner's [MEMBER'S] place as a member at the 14 meeting. For all purposes of this chapter, the designee is a member of the authority at 15 the meeting. 16 * Sec. 4. AS 44.88.030(c) is amended to read: 17 (c) Public members [MEMBERS] of the authority described in (a)(2) [AND 18 (a)(3)] of this section serve two-year terms. 19 * Sec. 5. The uncodified law of the State of Alaska is amended by adding a new section to 20 read: 21 ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY; 22 TRANSITION. The three additional public members appointed to the Alaska Industrial 23 Development and Export Authority under AS 44.88.030(a), as amended by sec. 2 of this Act, 24 who are appointed after the effective date of this Act shall serve staggered terms as follows: 25 (1) one member shall serve a one-year term; 26 (2) two members shall serve two-year terms.