1.__Membership.__The facility project review committee is organized as set out in this section and includes the Treasurer of State, the Director of the Bureau of General Services within the Department of Administrative and Financial Services and the Chief Executive Officer of the Finance Authority of Maine, or their designees.__The Director of the Bureau of General Services or the director's designee shall serve as chair.

2.__Prioritization of higher education facility projects.__On or before October 1, 2008, and annually thereafter, each constituent unit may submit to the facility project review committee a list of proposed priority higher education facility projects ranked in order of priority.__Within 60 days following the submission, the facility project review committee shall review all such lists and approve the proposed projects as priority higher education facility projects unless a project description is not substantially complete or a project fails to conform to the criteria for a priority higher education facility project established by the board of regents.__On or before January 15th and July 15th, annually, the facility project review committee shall report to the joint standing committee of the Legislature having jurisdiction over education matters and the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs on the status of priority higher education facility projects.

3. Review of implementation of priority higher education facility project procedures. On or before December 31, 2010, the joint standing committee of the Legislature having jurisdiction over education matters, in consultation with the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs, shall review the implementation of priority higher education facility project procedures and the status of such projects and recommend whether to continue, expand or discontinue and repeal the procedures for priority higher education facility projects established pursuant to this section.

Sec. A-2. Effective date. This Part takes effect July 1, 2007.

PART B