1.    The legislative management, during each biennium, shall appoint an energy development and transmission committee in the same manner as the legislative management appoints other interim committees.

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2.    The legislative management shall appoint six members of the house of representatives, four of whom must be from the majority political party and two of whom must be from the minority political party, and six members of the senate, four of whom must be from the majority political party and two of whom must be from the minority political party. The chairman of the legislative management shall designate the chairman of the committee.

3.    The committee shall operate according to the statutes and procedure governing the operation of other legislative management interim committees.

4.    The committee shall study the impact of a comprehensive energy policy for the state and the development of each facet of the energy industry, from the obtaining of the raw natural resource to the sale of the final product in this state, other states, and other countries.

     5.    The committee shall develop a comprehensive statewide energy policy that supports the long-term development of the energy opportunities available in the state and seeks solutions for the challenges realized through the successful development of energy opportunities. The committee shall engage industry stakeholders to develop a regulatory environment that allows for responsible growth while resolving conflicts and developing synergy between energy and agriculture programs.

6.    The study may include the review of and recommendations relating to policy affecting extraction,    generation,    processing,    transmission,    transportation,    marketing, distribution, and use of energy.