1.  The Economic Forum impaneled pursuant to NRS 353.226 shall:

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(a) Elect a Chair and Vice Chair from among its members at its first meeting;

(b) Adopt such rules governing the conduct of the Economic Forum as it deems necessary; and

(c) Hold such number of meetings as may be necessary to accomplish the tasks assigned to it in the time allotted.

2.  The Director of the Legislative Counsel Bureau and Chief of the Budget Division of the Office of Finance shall jointly provide the Economic Forum with:

(a) Meeting rooms;

(b) Staff;

(c) Data processing services; and

(d) Clerical assistance.

3.  A majority of the members constitutes a quorum and a majority of those present must concur in any decision.

4.  While engaged in the business of the Economic Forum, each member is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.

5.  In addition to the per diem allowance and travel expenses provided in subsection 4, each member of the Economic Forum who is appointed by the Governor pursuant to subsection 2 of NRS 353.226 is entitled to receive for each meeting of the Economic Forum:

(a) Eighty dollars for 1 day of preparation for that meeting; and

(b) Eighty dollars for each day or part of a day during which the meeting lasts.