§90103 Board of Directors

Summary

Set up a 12-member board to run the foundation. All 12 must be named within 60 days after this chapter becomes law. The President picks 4 directors (no more than 2 from the same political party). The Speaker of the House picks 2, the House Minority Leader picks 2, the Senate Majority Leader picks 2, and the Senate Minority Leader picks 2. In addition, the chair and top minority member of the House Committee on House Administration and the chair and top minority member of the Senate Committee on Rules and Administration (or their designees) serve as nonvoting members. Directors serve 4-year terms and vacancies are filled the same way as the original appointment. They are not federal employees and appointment does not make them U.S. officers or employees for laws unless this chapter says so. The directors choose one of them as chair, who may not be a current or former holder of any partisan elected office or a current or former officer of a national political party committee. The board’s quorum is set in the foundation’s bylaws. The chair calls meetings, and the board must meet at least once a year. Directors get no pay but may be reimbursed for travel and per diem under sections 5702 and 5703 of title 5. Directors are not personally liable except for gross negligence.