(a) The Educational Economic Policy Committee is created as the primary policy-making body of the Educational Economic Policy Center. The committee shall study the elements of a quality educational system to:
(1) improve the management and productivity of the public education system to meet the demands of the twenty-first century;
(2) provide greater accountability to the taxpayers of the state; and
(3) improve the state’s ability to compete in education and to compete economically with other states and nations.
(b) The committee is composed of nine members. The governor, lieutenant governor, and speaker of the house of representatives shall each appoint two members, only one of whom may be a board member or employee of a public school district, college, or university. Those appointees shall include persons in the private sector who have an interest in improving public education. In addition, the governor shall appoint three members who serve on the boards of regents representing the universities or systems participating in the center.

(c) Members of the committee serve two-year staggered terms.
(d) The governor shall appoint one member of the committee as the chairman.
(e) Members shall not receive salaries but shall be reimbursed for expenses incurred in attending meetings of the committee.
(f) State agencies shall cooperate with and assist the center at the committee’s request.
(g) Repealed by Acts 2015, 84th Leg., R.S., Ch. 1203 , Sec. 21(1), eff. September 1, 2015.
(h) If the legislature fails to appropriate funds for the operation of the Educational Economic Policy Center, the Legislative Budget Board shall perform the duties of the committee under this subchapter.