The committee shall consist of: I. The president of the senate or designee; II. The speaker of the house or designee; III. The majority leaders of each house, or designees; IV. The minority leaders of each house, or designees; V. The chairperson of the senate finance committee; VI. The chairperson of the house finance committee; VII. Two members of the house appointed by the speaker of the house; and VIII. Two members of the senate appointed by the president of the senate.