193 



bility of shortages with respect to essential resources 

 and commodities. 



(d) Establishment ; number and tenure of members. 



There is established as an independent instru- 

 mentality 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 con- 

 tinue in existence (except that any individual ap- 

 pointed to fiU a vacancy occurring prior to the ex- 

 piration 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 pri- 

 vate life; 



(2) The President shall designate four senior 

 officials of the executive branch to serve without 

 additional compensation, and may appoint addi- 

 tional nonvoting ex ofHcio members from agen- 

 cies having jurisdiction over areas being consid- 

 ered by the Commission; 



(3) The President of the Senate, after con- 

 sultation with the majority and minority leaders 

 of the Senate, shall appoint two Senators to be 

 members of the Commission and the Speaker 

 of the House of Representatives, after consulta- 

 tion with the majority and minority leaders of 

 the House of Representatives, shall appoint two 

 Representatives to be members of the Commis- 

 sion to serve without additional compensation. 



(e) Chairman and Vice Chairman. 



The President, 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 pur- 

 suant 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 Execu- 

 tive Schedule under section 5314 of title 5, United 

 States Code, when engaged in the actual perform- 

 ance of duties as such a member, and all members 

 of the Commission shall be entitled to reimburse- 

 ment for travel, subsistence, and other necessary 

 expenses incurred in the performance of their duties. 



(g) Functions of the Commission. 



It shall be the function of the Commission to make 

 reports to the President and to the Congress with 

 respect to — 



(1) the existence or possibility of any long- or 

 short-term shortages; employment, price or 

 business practices; or market adversities affect- 

 ing the supply of any natural resources, raw 

 agriculture commodities, materials, manufac- 

 tured products (including any possible impair- 

 ment of productive capacity which may result 

 from shortages in materials, resources, com- 

 modities, manufactured products, plant or equip- 



ment, or capital investment, and the causes of 

 such shortEiges, practices, or adversities) ; 



(2) the adverse impact or possible adverse 

 impact of such shortages, practices, or adversi- 

 ties upon consumers, in terms of price and lack 

 of availability of desired goods; 



(3) the need for, and the assessment of, alter- 

 native actions necessary to increase the availa- 

 bility of the items referred to in paragraph (1) 

 of this subsection, to correct the adversity or 

 practice affecting the availability of any such 

 items, or otherwise to mitigate the adverse im- 

 pact or possible adverse impact of shortages, 

 practices, or adversities upon consumers referred 

 to in paragraph (2) of this subsection; 



(4) existing policies and practices of Govern- 

 ment which may tend to affect the supply of na- 

 tural resources and other commodities; 



(5) necessary legislative and administrative 

 actions to develop a comprehensive strategic and 

 economic stockpiling and inventories policies 

 which facilitates the availability of essential 

 resources; 



(6) the means by which information with 

 respect to paragraphs (D, (2), (3), (4) of this 

 subsection can be most effectively and economi- 

 cally gathered and coordinated. 



(h) Reports and recommendations to President and 

 Congress. 

 The Commission shall report not later than 

 December 31. 1976, to the President and the Congress 

 on specific recommendations with respect to institu- 

 tional adjustments, including the advisability of es- 

 tablishing an independent agency to provide for a 

 comprehensive data collection and storage system, to 

 aid in examination and analysis of the supplies and 

 shortages in the economy of the United States and in 

 relation to the rest of the world. The Commission 

 may, until March 31, 1977, prepare, publish and 

 transmit to the President and the Congress such 

 other reports and recommendations as it deems ap- 

 propriate. 



(i) Advisory committees. 



(1) The Commission is authorized to establish 

 such advisory committees as may be necessary or ap- 

 propriate to carry out any specific analytical or in- 

 vestigative undertakings on behalf of the Commis- 

 sion. Any such committee shall be subject to the rel- 

 evant provisions of the Federal Advisory Committee 

 Act. 



(2) The Commission shall establish an advisory 

 committee to develop recommendations as to the es- 

 tablishment of a policy making process and structure 

 within the executive and legislative branches of the 

 Federal Government as a means to integrate the 

 study of supplies and shortages of resources and 

 commodities into the total problem of balanced na- 

 tional growth and development, and a system for 

 coordinating these efforts with appropriate multi- 

 State, regional and State governmental jurisdictions. 

 For the purpose of carrying out the provision of this 

 paragraph there is authorized to be appropriated not 

 to exceed $150,000 to remain available until March 

 31, 1977. 



