Note: This version of section effective 3-13-2024. See also preceding version of this section, effective until 3-13-2024.

     Sec. 7. (a) The board is composed of the following three (3) members, who must be residents of Indiana:

(1) The director of the budget agency, or the director’s designee, who shall serve as chair of the board.

(2) One (1) member appointed by the governor.

(3) One (1) member appointed by the executive of a county having a consolidated city.

     (b) A member appointed under subsection (a)(2) serves a four (4) year term that expires December 31, 2025, and each fourth year thereafter. The member may be reappointed by the governor to subsequent terms. The governor shall fill a vacancy to the membership under subsection (a)(2) by appointing a new member for the vacated term.

     (c) A member appointed under subsection (a)(3) serves a four (4) year term that expires December 31, 2027, and each fourth year thereafter. The member may be reappointed by the executive of the county having a consolidated city to subsequent terms. The executive of the county having a consolidated city shall fill a vacancy in the membership under subsection (a)(3) by appointing a new member for the remainder of the vacated term.

     (d) A member appointed under subsection (a)(2) or (a)(3):

(1) continues to serve after the expiration of the appointment until a successor is appointed and qualified; and

(2) may be removed with or without cause by the appointing authority.

     (e) Each member appointed under subsection (a)(2) or (a)(3), before entering upon the duties of office, must take and subscribe an oath of office under IC 5-4-1, which shall be endorsed upon the certificate of appointment and filed with the records of the board.

As added by P.L.214-2005, SEC.6. Amended by P.L.104-2022, SEC.11; P.L.42-2024, SEC.59; P.L.157-2024, SEC.1.