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2005 Maine Code - §884 — Advisory Council on Tax-deferred Arrangements


    The Advisory Council on Tax-deferred Arrangements, established by section 12004-I, subsection 25, shall meet at least once a year, review the operations of the arrangements program and advise the Department of Administrative and Financial Services on matters of policy relating to the activities under the arrangements program. Members of the advisory council are entitled to compensation as provided in chapter 379. All appointed or elected members serve at the pleasure of their appointing or electing authorities. The advisory council consists of 10 members as follows. [2001, c. 503, §1 (amd).]

      1. Ex officio members; chair. The ex officio members of the Advisory Council on Tax-deferred Arrangements are: the Commissioner of Administrative and Financial Services, or the commissioner's designee; the Superintendent of Insurance, or the superintendent's designee; and the Superintendent of Financial Institutions, or the superintendent's designee. The Commissioner of Administrative and Financial Services, or a designee, is the chair of the advisory council.[1997, c. 204, §5 (amd); 2001, c. 44, §11 (amd); §14 (aff).]
      2. Retirement system representative.[1997, c. 204, §5 (rp).]
      3. Employee representatives. The employee representatives of the advisory council are 7 classified state employees appointed by the Governor as follows:
   
A. Five employees recommended to the Governor by the Maine State Employees Association, one from each bargaining unit; [2001, c. 503, §2 (amd).]    
B. One employee recommended to the Governor by the American Federation of State and Municipal Employees; and [1991, c. 108 (new).]    
C. One employee recommended to the Governor by the Maine State Troopers Association. [1991, c. 108 (new).]

Employee representatives are appointed for terms of 3 years, except that of the first appointments, one must be for one year, one for 2 years and one for 3 years.
[2001, c. 503, §2 (amd).]
      4. Voting. All votes of the council must be one vote cast by labor and one vote cast by management. The labor vote must be cast by the labor cochair, who must be chosen by the labor members, and must represent the majority opinion of the labor members of the council. The management vote must be cast by the management cochair, who is the Commissioner of Administrative and Financial Services or the commissioner's designee.[1997, c. 204, §5 (new).]

Section History:

PL 1973,  Ch. 491,   § (NEW).
PL 1973,  Ch. 585,   §11,12 (AMD).
PL 1983,  Ch. 812,   §22 (AMD).
PL 1985,  Ch. 785,   §A40 (AMD).
PL 1989,  Ch. 503,   §B16 (AMD).
PL 1991,  Ch. 108,   § (RPR).
PL 1991,  Ch. 780,   §Y32,33 (AMD).
PL 1997,  Ch. 204,   §5 (AMD).
PL 2001,  Ch. 44,   §11 (AMD).
PL 2001,  Ch. 44,   §14 (AFF).
PL 2001,  Ch. 503,   §1,2 (AMD).
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