Sec. 1081. INFRASTRUCTURE INVESTMENT COMMISSION
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## SEC. 1081 INFRASTRUCTURE INVESTMENT COMMISSION ###
(a)Establishment of Commission There is established a commission to be known as the “Commission to Promote Investment in America's Infrastructure” (hereinafter in this section referred to as the “Commission”). ###
(b)Function of Commission It shall be the function of the Commission to conduct a study on the feasibility and desirability of creating a type of infrastructure security to permit the investment of pension funds in funds used to design, plan, and construct infrastructure facilities in the United States. Such study may also include an examination of other methods of encouraging public and private investment in infrastructure facilities. ###
(c)Membership ####
(1)Number and appointment The Commission shall be composed of 7 members appointed as follows: #####
(A)2 members appointed by the majority leader of the Senate. #####
(B)2 members appointed by the Speaker of the House of Representatives. #####
(C)1 member appointed by the President. #####
(D)1 member appointed by the minority leader of the Senate. #####
(E)1 member appointed by the minority leader of the House of Representatives. ####
(2)Qualifications Members of the Commission shall have appropriate backgrounds in finance, construction lending, actuarial disciplines, pensions, and infrastructure policy disciplines. ####
(3)Chairperson The Chairperson of the Commission shall be elected by the members. ###
(d)Pay and Travel Expenses Members shall serve without pay but shall be allowed travel expenses, including per diem in lieu of subsistence, while away from their homes or regular places of business in the performance of services for the Commission in the same manner as persons employed intermittently in the Government service are allowed under section 5703 of title 5, United States Code. ###
(e)Staff Subject to such rules as may be prescribed by the Commission, the Chairperson may— ####
(1)appoint and fix the pay of an executive director, a general counsel, and such additional staff as the Chairperson considers necessary, without regard to the provisions of title 5, United States Code, governing appointments in the competitive service, and without regard to chapter 51 and subchapter III of chapter 53 of such title relating to classification and General Schedule pay rates, except that the rate of pay for such staff members may not exceed the rate payable for level V of the Executive Schedule under section 5316 of title 5, United States Code; and ####
(2)procure temporary and intermittent services to the same extent as is authorized by section 3109(b) of title 5, United States Code, at rates for individuals which do not exceed the daily equivalent of the annual rate of basic pay prescribed for level V of the Executive Schedule under section 5316 of such title. ###
(f)Report Not later than 180 days after the date of the enactment of this Act, the Commission shall transmit to the President and Congress a report containing its findings and recommendations. ###
(g)Termination The Commission shall terminate on the 180th day following the date of the submission of its report under subsection (f).