An Act To Amend the Membership of the Advisory Council on Tax-deferred Arrangements
Sec. 1. 5 MRSA §884, first ¶, as amended by PL 2001, c. 503, §1, is further amended to read:
The Advisory Council on Tax-deferred Arrangements, established by section 12004-I, subsection 25, shall meet at least once a year, review the operations of the arrangements program and advise the Department of Administrative and Financial Services on matters of policy relating to the activities under the arrangements program. Members of the advisory council are entitled to compensation as provided in chapter 379. All appointed or elected members serve at the pleasure of their appointing or electing authorities. The advisory council consists of 10 11 members as follows.
Sec. 2. 5 MRSA §884, sub-§3, as amended by PL 2001, c. 503, §2, is further amended to read:
Employee representatives are appointed for terms of 3 years, except that of the first appointments, one must be for one year, one for 2 years and one for 3 years.
summary
This bill increases the number of members on the Advisory Council on Tax-deferred Arrangements from 10 members to 11 members. This bill also amends the composition of the council to provide employee representatives from the judicial employee bargaining unit and the legislative employee bargaining unit.