1. The Technical Advisory Committee on Future State Revenues, consisting of seven members, is hereby created. 2. The members of the Committee are the persons serving in the following positions or their designees: (a) The Senate Fiscal Analyst; (b) The Assembly Fiscal Analyst; (c) The Chief of the Budget Division of the Office of Finance; (d) The head of the Research Division of the Employment Security Division of the Department of Employment, Training and Rehabilitation or, if that position ceases to exist, the position deemed by the Administrator of the Employment Security Division to be the equivalent of that position; (e) The Vice Chancellor for Finance of the Nevada System of Higher Education or a person designated by the Vice Chancellor; (f) The demographer employed pursuant to NRS 360.283 ; and (g) The Chair of the Committee on Local Government Finance. 3. The Committee shall: (a) At its first meeting and annually thereafter elect a Chair and Vice Chair from among its members; (b) Adopt such rules governing the conduct of the Committee as it deems necessary; (c) Hold such number of meetings as may be necessary to carry out the requests made by the Economic Forum pursuant to NRS 353.228 in the most timely manner practicable; and (d) Provide all assistance requested by the Economic Forum pursuant to NRS 353.227 . 4. A majority of the Committee constitutes a quorum and a majority of those members present must concur in any decision. 5. Each member of the Committee who is not an officer or employee of the State shall serve without compensation, except that while the member is engaged in the business of the Committee he or she is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally. 6. Each member of the Committee who is an officer or employee of the State must be relieved from duties without loss of his or her regular compensation so that the member may prepare for and attend meetings of the Committee and perform any work necessary to accomplish the tasks assigned to the Committee in the most timely manner practicable. A state agency shall not require an officer or employee who is a member of the Committee to make up the time he or she is absent from work to fulfill his or her obligations as a member, nor shall it require the member to take annual vacation or compensatory time for the absence. Such a member shall serve on the Committee without additional compensation, except that while the member is engaged in the business of the Committee he or she is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally, which must be paid by the state agency which employs the member. 7. The Committee may request information from any state agency. A state agency that receives a reasonable request for information from the Committee shall comply with the request as soon as is reasonably practicable after receiving the request. 8. The Director of the Legislative Counsel Bureau and the Chief of the Budget Division of the Office of Finance shall jointly provide the Committee with: (a) Meeting rooms; (b) Staff; and (c) Clerical assistance. 9. The Director of the Legislative Counsel Bureau may enter into any contracts necessary to assist the Committee in carrying out its duties, including, without limitation, contracts for revenue forecasting and data processing services.
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