Page:United States Statutes at Large Volume 88 Part 1.djvu/1212

 1168

National Commission on Supplies and Shortages. Establishment; membership.

Appointments.

83 Stat. 8 6 3. E x p e n s e s, reimbursement.

PUBLIC LAW 93-426-SEPT. 30, 1974

[88

STAT.

levels which are unreasonable and disiuptiv^e of domestic and foreign economies. "(3) Shortages of resources and commodities are becojning increasingly fi-equent in the United States, and such shortages cause undue inconvenience and expense to consumers and a burden on interstate commerce and the Nation's economy. "(4) Existing institutions do not adequately identify and anticipate such shortages and do not adequately monitor, study, and analyze other market adversities involving specific industries and specific sectors of the economy. "(5) Data with respect to such shortages and adversities is collected in various agencies of the Government for various purposes, but is not systematically coordinated and disseminated to the appropriate agencies and to the Congi'ess. " (c) PURPOSES.—It is the purpose of this Act to establish a national commission to facilitate more effective and informed responses to resource and commodity shortages and to report to the President and the Congress on needed institutional adjustments for examining and predicting shortages and on the existence or possibility of shortages with respect to essential resources and connnodities. ''(d) ESTABLISHMENT OF COMMISSION.—There is established as an independent instr-umentality of the Federal Government a National Commission on Supplies and Shortages (hereinafter referred to as the 'Commission'). The Commission shall be comprised of thirteen members selected for such period of time as such Commission shall continue in existence (except that any individual appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term) as follows: "(1) The President, in consultation with the majority and minority leaders of the Senate and the majority and minority leaders of the House of Representatives, shall appoint five members of the Commission from among persons in private life; ''(2) The President shall designate four senior officials of the executive branch to serve without additional compensation; "(3) The President of the Senate, after consultation with the majority and minority leaders of the Senate, shall appoint two Senator's to be members of the Commission and the Speaker of the House of Representatives, after consultation with the majority and minority leaders of the House of Representatives, shall appoint two Representatives to be members of the Commission to serve without additional compensation. "(e) CHAIRMAN AND VICE CHAIRMAN.—The Pi-esident, in consultation with the majority and minority leaders of the Senate and the House of Representatives shall designate a Chairman and Vice Chairman of the Commission. "'(f) COMPENSATION.—Each member of the Commission appointed pursuant to subsection (d)(1) of this section shall be entitled to be compensated at a rate equal to the per diem equivalent of the rate for an individual occupying a position under level III of the Executive Schedule under section 5314 of title 5, United States Code, when engaged in the actual performance of duties as such a member, and all members of the Commission shall be entitled to reimbursement for

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