Page:United States Statutes at Large Volume 108 Part 5.djvu/706

 108 STAT. 4196 PUBLIC LAW 103-403—OCT. 22, 1994 "SEC. 407. MEMBERSHIP OF THE COUNCIL. President. «(a) CHAIRPERSON.—Not later than 45 days after the date of enactment of the Small Business Administration Reauthorization and Amendments Act of 1994, the President shall appoint an individual to serve as chairperson of the Council, in consultation with the Administrator. The chairperson of the Council shall be a prominent business woman who is qualified to head the Council by virtue of her education, training, and experience. "(b) OTHER MEMBERS.— Not later than 60 days after the date of enactment of the Small Business Administration Reauthorization and Amendments Act of 1994, the Administrator shall appoint, in consultation with the Assistant Administrator of the Office of Women's Business Ownership and the chairperson of the Council appointed under subsection (a), 9 members of the Council, of whom— "(1) 2 shall be— "(A) owners of small businesses, as such term is defined in section 3 of the Small Business Act; and "(B) members of the same political party as the President; "(2) 2 shall— "(A) be owners of small businesses, as such term is defined in section 3 of the Small Business Act; and "(B) not be members of the same political party as the President; and "(3) 5 shall be representatives of national women's business organizations. "(c) DIVERSITY. —In appointing members of the Council, the Administrator shall, to the extent possible, ensure that the members appointed reflect geographic, racial, economic, and sectoral diversity. "(d) SERVICE TERM.— The term of service of the members of the Council shall be 3 years. "(e) OTHER FEDERAL SERVICE.—I f any member of the Council subsequently becomes an officer or employee of the Federal Government or of the Congress, such individual may continue as a member of the Council for not longer than the 30-day period beginning on the date on which such individual becomes such an officer or employee. "(f) VACANCIES. —^A vacancy on the Council shall, not later than 30 days after the date on which the vacancy occurs, be filled in the same manner in which the original appointment was made. "(g) REIMBURSEMENTS. — Members of the Council shall serve without pay for such membership, except that members shall be entitled to reimbursement for travel, subsistence, and other necessary expenses incurred by them in carrying out the functions of the Council, in the same manner as persons serving on advisory boards pursuant to section 8(b) of the Small Business Act. "(h) EXECUTIVE DIRECTOR.—Not later than 60 days after the date of enactment of the Small Business Administration Reauthorization Act of 1994, the Administrator, in consultation with the chairperson of the Council, shall appoint an executive director of the Council. Upon the recommendation by the executive director, the chairperson of the Council may appoint and fix the pay of 4 additional employees of the Council, at a rate of pay not to exceed the maximum rate of pay payable for a position at GS-

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