(a) In this section, "committee" means the Texas Strategic Bitcoin Reserve advisory committee.
(b) The committee is composed of the following five members:
(1) the comptroller;
(2) one member of the comptroller's investment advisory board established under Section 404.028, appointed by the comptroller; and
(3) three members with expertise in cryptocurrency investments, appointed by the comptroller.
(c) The committee shall advise the comptroller regarding the administration and management of the reserve, including:
(1) recommendations for valuing assets in the reserve; and
(2) the establishment of prudent investment policies relating to the investment objectives of and asset allocation in the reserve.
(d) A member of the committee is not entitled to receive compensation for service on the committee or reimbursement for expenses incurred in the performance of official duties as a member of the committee.
(e) Members of the committee appointed by the comptroller serve at the will of the comptroller.
(f) Chapter 2110 does not apply to the committee.