Page:United States Statutes at Large Volume 95.djvu/1287

 PUBLIC LAW 97-98—DEC. 22, 1981

95 STAT. 1261

clause (5) of the third sentence of section 110(b) of the Agricultural Act of 1949, or". Ante, p. 1257. Subtitle B—National Agricultural Cost of Production Standards Review Board ESTABLISHMENT OF BOARD

SEC. 1005. There is hereby established an advisory board to be 7 USC 4ioi. known as the National Agricultural Cost of Production Standards Review Board (hereafter in this subtitle referred to as the "Board"). MEMBERSHIP OF BOARD

SEC. 1006. (a) The Board shall be composed of eleven members 7 USC 4102. appointed by the Secretary of Agriculture (hereafter in this subtitle referred to as the "Secretary") as follows: (1) seven members who are engaged in the commercial production of one or more of the various mcgor agricultural commodities produced in the United States. The Secretary shall assure that the major geographical production areas of the megor agricultural commodities are represented; (2) three members who, by virtue of their education, training, or experience, have extensive knowledge of the costs associated with the production of the msgor agricultural commodities; these members may be drawn from the fields of agricultural economics, banking, finance, accounting, or related areas; and (3) one member who is an employee of the Department of Agriculture (hereafter referred to m this subtitle as the "Department"), who shall serve at the pleasure of the Secretary, and who shall advise and inform the Boisird as to the methodology used by the Department in making its cost of production calculations. (b) The terms of the initial Board members shall expire (as designated by the Secretary at the time of appointment) as follows: two at the end of the first year, two at the end of the second year, three at the end of the third year, and three at the end of the fourth year. Thereafter, the terms of all members, with the exception of the member provided for in subsection (a)(3) of this section, shall be four years, except that any person appointed to fill a vacancy on the Board shall be appointed only for the unexpired term of such person's predecessor. (c) With the exception of the member provided for in subsection (a)(3) of this section, no person may serve as a member of the Board for more than two terms. (d) The Secretary shall designate one member of the Board to serve as Qiairman and one member to serve as Vice Chairman, respectively, each of which shall serve as such until his or her respective term expires. The Boeird member provided for in subsection (a)(S) of this section may not serve as Chairman or Vice (ISiairman. FUNCTIONS OF BOARD

SEC. 1007. The Board shall— 7 USC 4103. (1) review the adeauacy, accuracy, and timeliness of the cost-ofproduction methodology used by the Department in determining specific cost of production estimates; (2) advise the Secretary as to whether the cost of production methodology used by the Department in connection with the

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