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S. 2296IntroducedSenateHouse · nowPresidentLawIn the House
Sec. 1279 · S. 2296

Officers and employees

Division A — Department of Defense authorizations › Title XII — Matters relating to foreign nations › Subtitle G — DFC Modernization and Reauthorization Act of 2025 › Part II — Management of Corporation

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Section 1413(i) of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9613(i)), as so redesignated, is amended— (1) by striking paragraph (1) and inserting the following: (1) In general Except as otherwise provided in this section, officers, employees, and agents shall be selected and appointed by, or under the authority of, the Chief Executive Officer, and shall be vested with such powers and duties as the Chief Executive Officer may determine.; (2) in paragraph (2)— (A) in subparagraph (A)— (i) by striking 50 and inserting 70; and (ii) by inserting, and such positions shall be reserved for individuals meeting the expert qualifications established by the Corporation’s qualification review board after United States Code; and (B) in subparagraph (D), by inserting, provided that no such officer or employee may be compensated at a rate exceeding level II of the Executive Schedule after respectively; and (3) in paragraph (3)(C) by striking subsection (i) and inserting subsection (j).

Sec. 1279: Officers and employees · Public Law Tracker