Sec. 8. (a) The commission shall, by a majority vote of the administrators, prescribe bylaws or rules to govern the commission's conduct to carry out the purposes and exercise the powers of this compact, including the following:
(1) Establishing the fiscal year of the commission.
(2) Providing reasonable standards and procedures:
(A) for the establishment and meetings of other committees; and
(B) governing general or specific delegation of any authority or function of the commission.
(3) Providing reasonable procedures for calling and conducting meetings of the commission, ensuring reasonable advance notice of all meetings and providing an opportunity for attendance of the meetings by interested parties, including the following:
(A) Enumerated exceptions designed to protect the public's interest, the privacy of individuals, and proprietary information, including trade secrets.
(B) A provision:
(i) allowing the commission to meet in closed session only after a majority of the administrators vote with no proxy voting to close a meeting in whole or in part; and
(ii) if the commission meets in closed session as described in item (i), requiring the commission to, as soon as practicable, make public a copy of the vote to close the meeting and revealing the vote of each administrator.
(4) Establishing the titles, duties, and authority and reasonable procedures for the election of the officers of the commission.
(5) Providing reasonable standards and procedures for the establishment of the personnel policies and programs of the commission.
(6) Providing a mechanism for winding up the operations of the commission and the equitable disposition of any surplus funds that may exist after the termination of this compact after the payment or reserving of all of the commission's debts and obligations.
(b) Notwithstanding any civil service or other similar laws of any party state, the bylaws prescribed under this section exclusively govern the personnel policies and programs of the commission.
As added by P.L.135-2019, SEC.5.