Board of Directors

Section 1413(b) of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9613(b)) is amended— (1) in subparagraph (2)(A)(iii), by striking 5 individuals each place it appears and inserting 3 individuals; (2) in subparagraph (2)(B)(i), by striking subclause III and inserting the following: (III) One other principal officer from an executive Department designated by the President.; and (3) by striking subparagraph (4) and inserting the following: (4) Vice chairperson The President shall appoint a member of the Board to serve as the Vice Chairperson of the Board..