Page:United States Statutes at Large Volume 110 Part 1.djvu/1159

 PUBLIC LAW 104-127 —APR. 4, 1996 110 STAT. 1135 "(C) ADDITIONAL FUNDS.— In addition to any funds provided under subparagraph (B), there is authorized to be appropriated $30,000,000 to carry out this section. " (D) PRIVATI2;ATION. —No additional Federal funds shall be used to carry out this section beginning on the earlier of— "(i) the date that is 10 years after the date of enactment of this section; or "(ii) the day after a total of $50,000,000 has been made available under subparagraphs (B) and (C) to carry out this section. "(f) BOARD OF DIRECTORS. — "(1) IN GENERAL. —The management of the Center shall be vested in a Board of Directors. "(2) POWERS. —The Board shall— "(A) be responsible for the general supervision of the Center; "(B) review any grant, loan, contract, or cooperative agreement to be made or entered into by the Center and any financial assistance provided to the Center; "(C) make the final decision, by majority vote, on whether and how to provide assistance to an applicant; and "(D) develop and establish a budget plan and a longterm operating plan to carry out the goals of the Center. "(3) COMPOSITION. —The Board shall be composed of^ "(A) 7 voting members, of whom— "(i) 4 members shall be active producers of sheep or goats in the United States; "(ii) 2 members shall have expertise in finance and management; and "(iii) 1 member shall have expertise in lamb, wool, goat, or goat product marketing; and "(B) 2 nonvoting members, of whom— "(i) 1 member shall be the Under Secretary of Agriculture for Rural Development; and "(ii) 1 member shall be the Under Secretary of Agriculture for Research, Education, and Economics. "(4) NOMINATION.— "(A) NOMINATING BODY.—The Secretary shall appoint the voting members of the Board from nominations submitted by organizations described in subparagraph (B). "(B) NATIONAL ORGANIZATIONS.— ^A national organization is described in this subparagraph if the organization— "(i) consists primarily of active sheep or goat producers in the United States; and "(ii) has as the primary interest of the organization the production of sheep or goats in the United States. "(5) TERM OF OFFICE.— "(A) IN GENERAL.— Subject to subparagraph (B), the term of office of a voting member of the Board shall be 3 years. "(B) STAGGERED INITIAL TERMS. —The initial voting members of the Board (other than the chairperson of the initially established Board) shall serve for staggered terms of 1, 2, and 3 years, as determined by the Secretary.

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