Page:United States Statutes at Large Volume 100 Part 2.djvu/1061

 PUBLIC LAW 99-500—OCT. 18, 1986

100 STAT. 1783-380

appointing a member at the time the member is appointed, if the financial interest is fully disclosed and so long as the member does not participate in board decisions that directly affect such interest. The Airports Authority shall include in its code developed under section 6005(c)(8) of this title the standards by which members will determine what constitutes a substantial financial interest and the circumstances under which an exception may be granted. (e) BOARD OF DIRECTORS.—

(1) APPOINTMENT.—The Airports Authority shall be governed by a board of directors of 11 members, as follows: (A) five members shall be appointed by the Governor of Virginia; (B) three members shall be appointed by the Mayor of the District of Columbia; (C) two members shall be appointed by the Governor of Maryland; and (D) one member shall be appointed by the President with the advice and consent of the Senate. The Chairman shall be appointed from among the members by majority vote of the members and shall serve until replaced by majority vote of the members. (2) RESTRICTIONS.—Members shall (A) not hold elective or appointive political office, (B) serve without compensation other than for reasonable expenses incident to board functions, and (C) reside within the Washington Standard Metropolitan Statistical Area, except that the member appointed by the President shall not be required to reside in that area. (3) TERMS.—Members shall be appointed to the board for a term of 6 years, except that of members first appointed— (A) by the Governor of Virginia, 2 shall be appointed for 4 years and 2 shall be appointed for 2 years; (B) by the Mayor of the District of Columbia, 1 shall be appointed for 4 years and 1 shall be appointed for 2 years; and (C) by the Governor of Maryland, 1 shall be appointed for 4 years. (4) REMOVAL OF PRESIDENTIAL APPOINTEES.—A member of the board appointed by the President shall be subject to removal by the President for cause. (5) REQUIRED NUMBER OF VOTES.—Seven votes shall be required to approve bond issues and the annual budget. (f) BOARD OF REVIEW.—

(1) COMPOSITION.—The board of directors shall be subject to review of its actions and to requests, in accordance with this subsection, by a Board of Review of the Airports Authority. Such Board of Review shall be established by the board of directors and shall consist of the following, in their individual capacities, as representatives of users of the Metropolitan Washington Airports: (A) two members of the Public Works and Transportation Committee and two members of the Appropriations Committee of the House of Representatives from a list provided by the Speaker of the House; (B) two members of the Commerce, Science, and Transportation Committee and two members of the Appropriations Committee of the Senate from a list provided by the President pro tempore of the Senate; and

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