Page:United States Statutes at Large Volume 118.djvu/2993

 118 STAT. 2963 PUBLIC LAW 108–447—DEC. 8, 2004 SEC. 504. EXTENSION OF PROHIBITION OF OIL AND GAS DRILLING IN THE GREAT LAKES. Section 503 of the Energy and Water Develop ment Appropriations Act, 2002 (115 Stat. 512), as amended, is amended by striking ‘‘2005’’ and inserting ‘‘2007’’. SEC. 505. The Secretary of the Army is hereby authorized, without further appropriation, to transfer and advance funds to the Administrator of the Bonneville Power Administration for the purposes necessary to carry out joint activities in connection with section 2406 of the Energy Policy Act of 1992. SEC. 506. VOTING METHOD FOR DELTA REGIONAL AUTHORITY. Section 382B(c)(1) of the Consolidated Farm and Rural Development Act (7 U.S.C. 2009aa–1(c)(1)) is amended— (1) in subparagraph (A), by striking ‘‘2004’’ and inserting ‘‘2008’’; and (2) in subparagraph (B), by striking ‘‘2005’’ and inserting ‘‘2009’’. TITLE VI—REFORM OF THE BOARD OF DIRECTORS OF THE TENNESSEE VAL LEY AUTHORITY SEC. 601. CHANGE IN COMPOSITION, OPERATION, AND DUTIES OF THE BOARD OF DIRECTORS OF THE TENNESSEE VALLEY AUTHORITY. The Tennessee Valley Authority Act of 1933 (16 U.S.C. 831 et seq.) is amended by striking section 2 and inserting the following: ‘‘SEC. 2. MEMBERSHIP, OPERATION, AND DUTIES OF THE BOARD OF DIRECTORS. ‘‘(a) MEMBERSHIP.— ‘‘(1) APPOINTMENT.—The Board of Directors of the Corpora tion (referred to in this Act as the ‘Board’) shall be composed of 9 members appointed by the President by and with the advice and consent of the Senate, at least 7 of whom shall be a legal resident of the service area of the Corporation. ‘‘(2) CHAIRMAN.—The members of the Board shall select 1 of the members to act as chairman of the Board. ‘‘(b) QUALIFICATIONS.—To be eligible to be appointed as a member of the Board, an individual— ‘‘(1) shall be a citizen of the United States; ‘‘(2) shall have management expertise relative to a large for profit or nonprofit corporate, government, or academic struc ture; ‘‘(3) shall not be an employee of the Corporation; ‘‘(4) shall make full disclosure to Congress of any invest ment or other financial interest that the individual holds in the energy industry; and ‘‘(5) shall affirm support for the objectives and missions of the Corporation, including being a national leader in techno logical innovation, low cost power, and environmental steward ship. ‘‘(c) RECOMMENDATIONS.—In appointing members of the Board, the President shall— ‘‘(1) consider recommendations from such public officials as— 16 USC 831a.

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