There shall be and hereby is created a State Racing Commission consisting of three members who shall be appointed and may be for cause removed by the Governor. One member shall be appointed each year for a term of three years. The members shall serve until their successors are appointed and qualified. Not more than two members of said commission shall belong to the same political party; no two of them shall reside, when appointed, in the same congressional district; and no two of said members shall reside in any one county. Any vacancy shall be filled by appointment by the Governor for the unexpired term. The members shall serve without compensation, but shall be reimbursed for their actual expenses incurred in the performance of their duties as provided in sections 81-1174 to 81-1177 for state employees. The members of the commission shall be bonded under the blanket surety bond required by section 11-201.