(a)    There is a Strategic Energy Investment Advisory Board.

(b)    (1)    The Board shall review the Program and the Administration’s proposed uses of and expenditures from the Fund and make recommendations to the Administration concerning any proposed use or expenditure.

(2)    The Administration shall consider the Board’s recommendations when making decisions about uses and expenditures from the Fund.

(c)    The Board consists of the following members:

(1)    one member of the Senate, appointed by the President of the Senate;

(2)    one member of the House of Delegates, appointed by the Speaker of the House of Delegates;

(3)    the following members appointed by the Governor:

(i)    two representatives of Maryland residential customers;

(ii)    a representative of Maryland commercial customers;

(iii)    a representative of large electricity users in the State;

(iv)    a representative of an electric company;

(v)    a representative of an electric cooperative;

(vi)    a representative of electricity suppliers;

(vii)    a representative of a Maryland environmental group; and

(viii)    a representative of a renewable electricity industry; and

(4)    the following nonvoting ex officio members:

(i)    the Chairman of the Public Service Commission or the Chairman’s designee;

(ii)    the People’s Counsel or the designee of the People’s Counsel; and

(iii)    the Secretary of the Environment or the Secretary’s designee.

(d)    If a regulated lobbyist is appointed to serve as a member of the Board, the lobbyist:

(1)    is not subject to § 5–504(d) of the General Provisions Article with respect to that service; and

(2)    is not subject to § 5–704(f)(3) of the General Provisions Article as a result of that service.

(e)    The Governor shall appoint the chair of the Board from among its voting members.

(f)    (1)    The term of a member appointed by the Governor is 3 years.

(2)    The terms of the members appointed by the Governor are staggered as required by the terms provided for members of the Board on June 1, 2008.

(3)    (i)    The Board shall meet at least 2 times each year.

(ii)    In addition, the Board may meet at the discretion of the chair of the Board or the request of the Director of the Administration.

(4)    The Board may act only by the affirmative vote of at least six voting members.

(5)    A member of the Board:

(i)    may not receive compensation as a member of the Board; but

(ii)    is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.

(g)    The Administration shall provide staff support for the Board.