Page:United States Statutes at Large Volume 114 Part 3.djvu/343

 PUBLIC LAW 106-398 —APPENDIX 114 STAT. 1654A-301 (C) Two members shall be appointed by the majority leader of the Senate. (D) One member shall be appointed by the minority leader of the Senate. (E) One member shall be appointed by the minority leader of the House of Representatives. (2) The members of the Commission shall be appointed from among persons with extensive experience and national reputations in aerospace manufacturing, economics, finance, national security, international trade, or foreign policy and persons who are representative of labor organizations associated with the aerospace industry. (3) Members shall be appointed for the life of the Commission. A vacancy in the Commission shall not affect its powers, but shall be filled in the same manner as the original appointment. (4) The President shall designate one member of the Commission to serve as the chairman of the Commission. (5) The Commission shall meet at the call of the chairman. A majority of the members shall constitute a quorum, but a lesser number may hold hearings. (c) DUTIES.— (1) The Commission shall— (A) study the issues associated with the future of the United States aerospace industry in the global economy, particularly in relationship to United States national security; and (B) assess the future importance of the domestic aerospace industry for the economic and national security of the United States. (2) In order to fulfill its responsibilities, the Commission shall study the following: (A) The budget process of the United States Government, particularly with a view to assessing the adequacy of projected budgets of the Federal departments and agencies for aerospace research and development and procurement. (B) The acquisition process of the Government, particularly with a view to assessing— (i) the adequacy of the current acquisition process of Federal departments and agencies; and (ii) the procedures for developing and fielding aerospace systems incorporating new technologies in a timely fashion. (C) The policies, procedures, and methods for the financing and payment of Government contracts. (D) Statutes and regulations governing international trade and the export of technology, particularly with a view to assessing— (i) the extent to which the current system for controlling the export of aerospace goods, services, and technologies reflects an adequate balance between the need to protect national security and the need to ensure unhindered access to the global marketplace; and (ii) the adequacy of United States and multilateral trade laws and policies for maintaining the international competitiveness of the United States aerospace industry. (E) Policies governing taxation, particularly with a view to assessing the impact of current tax laws and practices on the international competitiveness of the aerospace industry. (F) Programs for the maintenance of the nationgJ space launch infrastructure, particularly with a view to assessing

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