(a) There shall be a Committee on Oversight which shall be composed of the chairmen and minority chairmen of the Senate and House of Representatives Transportation Committees. Meetings shall be called by either the chairman of the Senate or House of Representatives Transportation Committee. A quorum shall consist of three members and any actions by the committee shall require a majority vote.

(b) The Committee on Oversight shall select oversight consultants and shall direct oversight functions relating to data, methods, studies and reports used by or prepared for the commission. The oversight consultants shall be the contractor or contractors selected by and responsible to the committee for the review and evaluation of all data, methods, studies and reports prepared for the commission.

(c) All fees and expenses for oversight functions shall be paid by the commission at the direction of the Committee on Oversight from funds appropriated to it in the General Appropriation Act of 1987 or any other appropriation act.

(d) Oversight function findings shall be submitted to the Committee on Oversight and shall be published by the commission when and as presented by the committee in all related public documents.