Page:United States Statutes at Large Volume 92 Part 2.djvu/619

 92 STAT. 1899

PUBLIC LAW 95-523—OCT. 27, 1978 "(8) such other administrative actions and recommendations for legislation as the President deems desirable, to promote reasonable price stability.". COUNCIL OF ECONOMIC ADVISERS

SEC. 110. (a) Section 10 of the Employment Act of 1946 (as redesig- 15 USC 1023. Ante, p. 1893. nated by section 104 of this Act) is amended— (1) in the second sentence of subsection (a), by inserting "full" immediately after "promote"; (2) in subsection (c)(4), by inserting "including small and larger business" immediately after "enterprise" and by inserting "full" immediately after "maintain"; (3) in subsection (e)(1), by inserting immediately before the semicolon a comma and the following: "and shall consult with the board or boards established under section 9"; and (4) in subsection (e), by inserting after paragraph (2) the following: "In its work under this Act and the Full Employment and Balanced Growth Act of 1978, the Council is authorized and directed to seek and Ante, p. 1887 obtain the cooperation of the various executive and independent agencies in the development of specialized studies essential to its responsibilities.". ADVISORY BOARD OR BOARDS



SEC. 111. (a) The Employment Act of 1946 is amended by inserting a new section 9 as follows: "ADVISORY BOARD OR BOARDS

"SEC. 9. (a) An advisory board or boards (including regional advisory boards) may be established as the President deems appropriate, to advise and consult periodically with one or more of the following: The President, the Council of Economic Advisers, and such other departments and agencies of the executive branch of the Federal Government as the President shall determine. "(b) Such advisory board or boards shall include appropriate representation of labor, small and larger businesses and industries, agriculture, consumers. State and local officials, and the public at large, and shall advise and consult with respect to matters related to this Act, the Full Employment aand Balanced Growth Act of 1978, and other appropriate matters related to national economic programs and policies. The President shall, in accordance with applicable provisions of law, take the steps necessary to provide appropriate compensation to the members of such advisory board or boards.".

Establishment and duties, 15 USC 1022f.

Membership,

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TITLE II—STRUCTURAL ECONOMIC POLICIES AND PROGRAMS, INCLUDING TREATMENT OF RESOURCE RESTRAINTS STATEMENT OF PURPOSE

SEC. 201. The Congress recognizes that general economic policies 15 USC 3111. alone have been unable to achieve the goals set forth in this Act related to full employment, production, and real income, balanced growth, adequate growth in productivity, proper attention to national priorities, achievement of an improved trade balance through increased exports and improvement in the international competitiveness of agri-

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