View all text of Part B [§ 17351 - § 17357]

§ 17352. Establishment and management of Foundation
(a) Establishment
(1) In general
(2) Board of Directors
(3) Intent of Congress
(b) Chief Executive Officer
(1) In general
(2) Appointment
(3) Relationship to Board
(4) Compensation and rank
(A) In general
(B) Omitted
(C) Authorities and duties
(D) Authority to appoint officers
(c) Board of Directors
(1) Establishment
(2) Duties
(3) MembershipThe Board shall consist of—
(A) the Secretary of State (or the Secretary’s designee), the Secretary of Energy (or the Secretary’s designee), and the Administrator of the United States Agency for International Development (or the Administrator’s designee); and
(B) four other individuals with relevant experience in matters relating to energy security (such as individuals who represent institutions of energy policy, business organizations, foreign policy organizations, or other relevant organizations) who shall be appointed by the President, by and with the advice and consent of the Senate, of whom—
(i) one individual shall be appointed from among a list of individuals submitted by the Majority Leader of the House of Representatives;
(ii) one individual shall be appointed from among a list of individuals submitted by the Minority Leader of the House of Representatives;
(iii) one individual shall be appointed from among a list of individuals submitted by the Majority Leader of the Senate; and
(iv) one individual shall be appointed from among a list of individuals submitted by the Minority Leader of the Senate.
(4) Chief Executive Officer
(5) Terms
(A) Officers of the Federal Government
(B) Other members
(C) Vacancies
(D) Acting members
(6) Chairperson
(7) Quorum
(8) Meetings
(9) Compensation
(A) Officers of the Federal Government
(i) In general
(ii) Travel expenses
(B) Other members
(i) In generalExcept as provided in clause (ii), a member of the Board described in paragraph (3)(B)—(I) shall be paid compensation out of funds made available for the purposes of this part at the daily equivalent of the highest rate payable under section 5332 of title 5 for each day (including travel time) during which the member is engaged in the actual performance of duties as a member of the Board; and(II) while away from the member’s home or regular place of business on necessary travel in the actual performance of duties as a member of the Board, shall be paid per diem, travel, and transportation expenses in the same manner as is provided under subchapter I of chapter 57 of title 5.
(ii) Limitation
(Pub. L. 110–140, title IX, § 922, Dec. 19, 2007, 121 Stat. 1733.)