Source: https://uscode.house.gov/view.xhtml?path=&req=granuleid%3AUSC-prelim-title15-section1023&f=&fq=&num=0&hl=false&edition=prelim
Timestamp: 2019-10-14 13:30:58
Document Index: 314282387

Matched Legal Cases: ['§ 1023', '§10', '§4', '§1106', '§10', '§104', '§2', '§3101', '§7', '§110']

[USC02] 15 USC 1023: Council of Economic Advisers
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15 USC 1023: Council of Economic Advisers Text contains those laws in effect on October 13, 2019
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The Council shall be composed of three members, of whom-
In exercising its powers, functions and duties under this chapter-
(Feb. 20, 1946, ch. 33, §10, formerly §4, 60 Stat. 24 ; Oct. 28, 1949, ch. 782, title XI, §1106(a), 63 Stat. 972 ; Pub. L. 87–49, June 16, 1961, 75 Stat. 93 ; renumbered §10 and amended Pub. L. 95–523, title I, §§104, 110, Oct. 27, 1978, 92 Stat. 1893 , 1899; Pub. L. 112–166, §2(o), Aug. 10, 2012, 126 Stat. 1287 .)
The Full Employment and Balanced Growth Act of 1978, referred to in subsec. (e), is Pub. L. 95–523, Oct. 27, 1978, 92 Stat. 1887 , as amended, which is classified principally to chapter 58 (§3101 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 3101 of this title and Tables.
"Chapter 51 and subchapter III of chapter 53 of title 5" substituted in subsec. (b) for "the Classification Act of 1949" on authority of Pub. L. 89–554, §7(b), Sept. 6, 1966, 80 Stat. 631 , the first section of which enacted Title 5.
2012-Subsec. (a). Pub. L. 112–166 added subsec. (a) and struck out former subsec. (a). Prior to amendment, text read as follows: "There is created in the Executive Office of the President a Council of Economic Advisers (hereinafter called the "Council"). The Council shall be composed of three members who shall be appointed by the President by and with the advice and consent of the Senate, and each of whom shall be a person who, as a result of his training, experience, and attainments, is exceptionally qualified to analyze and interpret economic developments, to appraise programs and activities of the Government in the light of the policy declared in section 1021 of this title, and to formulate and recommend national economic policy to promote full employment, production, and purchasing power under free competitive enterprise. The President shall designate one of the members of the Council as chairman and one as vice chairman, who shall act as chairman in the absence of the chairman."
1978-Subsec. (a). Pub. L. 95–523, §110(a)(1), inserted "full" after "policy to promote".
1961-Subsec. (f). Pub. L. 87–49 struck out provisions which limited the appropriations for salaries of the members and officers and employees of the Council to not more than $345,000 for each fiscal year.
Extension of Term of President's Economic Policy Advisory Board
Term of President's Economic Policy Advisory Board extended until Sept. 30, 1989, by Ex. Ord. No. 12610, Sept. 30, 1987, 52 F.R. 36901, formerly set out as a note under section 14 of the Federal Advisory Committee Act in the Appendix to Title 5, Government Organization and Employees.
Previous extensions of term of President's Economic Policy Advisory Board were contained in the following prior Executive Orders: