(b) DUTIES OF COMMISSION.—Not later than 1 year 
after the date of enactment of this Act, the Commission 
shall transmit to Congress a report containing rec-
ommendations on the effect of this Act on—
(1) domestic oil production; 
(2) foreign oil imports; 
(3) profits of the oil industry; 
(4) inflation; 
(5) employment; 
(6) economic growth; 
(7) Federal revenues; and 
(8) national security. 
(c) MEMBERSHIP.—
(1) NUMBER AND APPOINTMENT.—The Com-
mission shall be composed of 23 members as follows: 
(A) 11 members appointed by the Presi-
dent. These shall include no less than 1 mem-
ber from each of the Environmental Protection 
Agency, the Department of Transportation, the 
Department of Energy, the Department of 
Commerce, the Council of Economic Advisors, 
and the Office of Science and Technology. 
(B) 6 members appointed by the House of 
Representatives, of whom 3 shall be appointed
by the Speaker of the House of Representatives 
and 3 shall be appointed by the minority leader. 
(C) 6 members appointed by the Senate, of 
whom 3 shall be appointed by the majority 
leader and 3 shall be appointed by the minority 
leader. 
(2) QUALIFICATIONS.—In making appointments 
under this subsection, the appointing authorities 
shall make a special effort to appoint individuals 
who are particularly qualified to perform the func-
tions of the Commission, by reason of either prac-
tical experience or academic expertise. 
(3) TERMS
AND
VACANCIES.—Each member 
shall be appointed for the life of the Commission. A 
vacancy in the Commission shall be filled in the 
manner in which the original appointment was 
made. 
(4) PAY AND TRAVEL.—Each member of the 
Commission, other than a full-time officer or em-
ployee of the United States—
(A) shall be paid the daily equivalent of 
the annual rate of basic pay payable for level V 
of the Executive Schedule for each day (includ-
ing travel time) during which the member is en-
gaged in the actual performance of duties vest-
ed in the Commission; and 
(B) shall receive travel expenses, including 
per diem in lieu of subsistence, in accordance 
with applicable provisions under subchapter I of 
chapter 57 of title 5, United States Code. 
(5) QUORUM.—12 members of the Commission 
shall constitute a quorum, but a lesser number may 
hold hearings. 
(6) CHAIRMAN.—The Chairman of the Commis-
sion shall be elected by the members. 
(7) MEETINGS.—The Commission shall meet at 
the call of the Chairman or a majority of its mem-
bers. 
(d) STAFF.—
(1) IN
GENERAL.—With the approval of the 
Commission, the Chairman may appoint and fix the 
pay of not more than six individuals for the staff of 
the Commission. Such individuals may be appointed 
without regard to the provisions of title 5, United 
States Code, governing appointments in the competi-
tive service, and may be paid without regard to the 
provisions of chapter 51 and subchapter III of chap-
ter 53 of that title relating to classification and Gen-
eral Schedule pay rates, except that an individual so
appointed may not receive pay in excess of the max-
imum annual rate of basic pay payable for grade 
GS–15 of the General Schedule under section 5332 
of title 5, United States Code. 
(2) EXPERTS
AND
CONSULTANTS.—With the 
approval of the Commission, the Chairman may pro-
cure temporary and intermittent services in the 
manner prescribed in section 3109(b) of title 5, 
United States Code, but at rates for individuals not 
to exceed the daily equivalent of the maximum an-
nual rate of basic pay payable for grade GS–15 of 
the General Schedule under section 5332 of title 5, 
United States Code. 
(3) STAFF OF FEDERAL AGENCIES.—Upon re-
quest of the Commission, the head of any Federal 
department or agency may detail, on a reimbursable 
basis, any of the personnel of that department or 
agency to the Commission to assist it in carrying out 
its duties under this section. 
(e) POWERS OF COMMISSION.—
(1) HEARINGS.—The Commission may, for the 
purpose of carrying out this section, hold hearings, 
sit and act at times and places, take testimony, and 
receive evidence as the Commission considers appro-
priate.
(2) MEMBERS AND AGENTS.—Any member or 
agent of the Commission may, if authorized by the 
Commission, take any action which the Commission 
is authorized to take by this subsection. 
(3) MAILS.—The Commission may use the 
United States mails in the same manner and under 
the same conditions as departments and agencies of 
the United States. 
(4) ADMINISTRATIVE
SUPPORT
SERVICES.—
Upon the request of the Commission, the Adminis-
trator of General Services shall provide to the Com-
mission, on a reimbursable basis, the administrative 
support services necessary for the Commission to 
carry out its responsibilities under this section. 
(f) AUTHORIZATION
OF APPROPRIATIONS.—There 
will be authorized to be appropriated to carry out this sec-
tion $2,000,000, to remain available until expended. 
(g) TERMINATION.—The Commission shall cease to 
exist on the last day of the month in which its report is 
submitted under subsection (b).
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