COMPOSITION OF BOARD.

SEC. 1522. COMPOSITION OF BOARD.(a) Chairperson.—(1) Designation or appointment.—The President shall—(A) designate the Deputy Director for Management of the Office of Management and Budget to serve as Chairperson of the Board;(B) designate another Federal officer who was appointed by the President to a position that required the advice and consent of the Senate, to serve as Chairperson of the Board; or(C) appoint an individual as the Chairperson of the Board, by and with the advice and consent of the Senate.(2) Compensation.—(A) Designation of federal officer.—If the President designates a Federal officer under paragraph (1)(A) 123 STAT. 290 or (B) to serve as Chairperson, that Federal officer may not receive additional compensation for services performed as Chairperson.(B) Appointment of non-federal officer.—If the President appoints an individual as Chairperson under paragraph (1)(C), that individual shall be compensated at the rate of basic pay prescribed for level IV of the Executive Schedule under section 5315 of title 5, United States Code.(b) Members.—The members of the Board shall include—(1) the Inspectors General of the Departments of Agriculture, Commerce, Education, Energy, Health and Human Services, Homeland Security, Justice, Transportation, Treasury, and the Treasury Inspector General for Tax Administration; and(2) any other Inspector General as designated by the President from any agency that expends or obligates covered funds.