Sec. 24.20.161. Membership.
The Legislative Budget and Audit Committee is composed of 10 members: the chairmen of the senate and house finance committees; one member selected from each of the senate and house finance committees and appointed by the president of the senate and the speaker of the house, respectively; and three members appointed from each house by […]
Sec. 24.20.165. Alternate members.
The Legislative Budget and Audit Committee shall have two alternate members in addition to the members designated in AS 24.20.161. The president of the senate shall appoint one alternate member from the senate finance committee and the speaker of the house shall appoint one alternate member from the house finance committee. The alternate members shall […]
Sec. 24.20.171. Organization of committee; term of membership.
(a) The committee shall be organized within 10 days after the organization of each legislature. Members serve for the duration of the legislature during which they are appointed. (b) When a member of the committee files a declaration of candidacy for an elective office other than that of member of either house of the legislature, […]
Sec. 24.20.181. Vacancies.
When a vacancy occurs in the statutory or appointive membership of the committee, the presiding officer of the house incurring the vacancy shall choose a successor. If the office of the president of the senate or speaker of the house of representatives becomes vacant and a vacancy from the affected house occurs among the membership […]
Sec. 24.20.191. Meetings.
The budget and audit committee may meet during sessions of the legislature and during the interim between sessions at such times and places in the state as the chairman may determine. Members may receive, for the minimum time required to get to and from meetings and for the period while attending meetings, the same travel […]
Sec. 24.20.201. Powers.
(a) The Legislative Budget and Audit Committee has the power to (1) organize, adopt rules for the conduct of its business, and prescribe procedures for the comprehensive fiscal analysis, budget review, and post-audit functions; (2) hold public hearings, administer oaths, issue subpoenas, compel the attendance of witnesses and production of papers, books, accounts, documents, and […]
Sec. 24.20.206. Duties.
The Legislative Budget and Audit Committee shall (1) annually review the long-range operating plans of all agencies of the state that perform lending or investment functions; (2) review periodic reports from all agencies of the state that perform lending or investment functions; (3) prepare a complete report of investment programs, plans, performance, and policies of […]
Sec. 24.20.209. Records.
The Legislative Budget and Audit Committee shall keep a complete file of all reports presented to it and all reports presented by it to the legislature or to a legislative committee.
Sec. 24.20.211. Legislative finance division.
The legislative finance division is established as a permanent staff agency responsible to the Legislative Budget and Audit Committee for performance of fiscal analysis and budget review functions.
Sec. 24.20.221. Staff.
(a) The committee shall hire and determine the salary of the legislative fiscal analyst who shall serve both at the direction and pleasure of the committee. The fiscal analyst shall serve as head of the finance division and, within the limits of the budget approved by the committee, shall employ and determine the compensation of […]