Section 303-1-004 - Subcommittees004.01 The following shall be standing subcommittees of the Board: 004.01(a) Regulation and Policy Review Committee;004.01(b) Legislative Committee;004.01(c) Budget and Personnel Committee;004.01(d) Education Committee; and004.01(e) Audit Committee004.02 The Chairperson may organize additional ad hoc subcommittees as necessary.004.03 Subcommittees shall be composed of not more than three Board members. The Chairperson shall appoint Board members to the various subcommittees and shall appoint a chairperson of each subcommittee. Subcommittees shall only serve as working subcommittees and may not take formal action on behalf of the Board. All subcommittee proposals, findings and recommendations must come before the Board for formal action to be binding upon the Board.303 Neb. Admin. Code, ch. 1, § 004