In this section, “Committee” means the Real Estate Advisory Committee. There is a Real Estate Advisory Committee in the Department. The purpose of the Committee is to advise the Department, the Board of Public Works, and the General Assembly on industry trends, developments and movement in the commercial real estate sector, and best practices for real estate asset management in the State. The Committee consists of the following members: as ex officio, nonvoting members: one member of the Senate of Maryland, appointed by the President of the Senate; and one member of the House of Delegates, appointed by the Speaker of the House; four members appointed by the Secretary; one member appointed by the President of the Senate; and one member appointed by the Speaker of the House. The Secretary shall designate the chair of the Committee. The Department and the Department of Legislative Services shall provide staff for the Committee. A member of the Committee: may not receive compensation as a member of the Committee; but is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget. The Committee: shall meet at least three times annually; and shall review, at least once each year, the State’s long–term real estate plans and goals. On or before October 1 each year, beginning in 2026, the Committee shall report its findings and recommendations to the Governor, the Board of Public Works, the Department, and, in accordance with § 2–1257 of the State Government Article, the General Assembly.