Plain English Breakdown
The effective date is not provided in the source material.
Changes to Chair Terms and Member Qualifications for the Regulatory Commission of Alaska
This bill sets a one-year term limit with a three-term cap for the commission chair and adds specific education or experience requirements for new commissioners.
What This Bill Does
- Requires the commission to elect one member as chair each year for the following fiscal year.
- Limits any person to serving no more than three consecutive terms as chair.
- Stops a commissioner from staying in the role of chair after their main term on the board ends, even if they stay on the board until a successor is appointed.
- Allows a former chair to run again only after not serving as chair for one year.
- Sets new rules that commissioners must be lawyers with five years of experience, registered professional engineers, or hold specific degrees in finance, economics, accounting, business administration, or public administration with at least five years of related experience.
Who It Names or Affects
- Members currently serving on the Regulatory Commission of Alaska
- The Governor when appointing new commissioners to fill vacancies occurring after the effective date
Terms To Know
- Regulatory Commission of Alaska (RCA)
- A state agency made up of five members appointed by the governor and confirmed by the legislature.
- Power cost equalization
- A program mentioned in the bill where some rural electric utilities receive special funding, requiring at least one commissioner to live in a community served by such an utility.
Limits and Unknowns
- The official text does not state when this law will officially take effect.
- Current commissioners can stay on the board until their terms end even if they do not meet the new education or experience requirements, but these rules apply to all future appointments.