MODIFICATION TO PERSONNEL MANAGEMENT AUTHORITY TO ATTRACT EXPERTS IN SCIENCE, ENGINEERING, AND CERTAIN OTHER DISCIPLINES.

SEC. 216. MODIFICATION TO PERSONNEL MANAGEMENT AUTHORITY TO ATTRACT EXPERTS IN SCIENCE, ENGINEERING, AND CERTAIN OTHER DISCIPLINES. Section 4092 of title 10, United States Code, is amended— (1) in the section heading, by striking “science and engineering” and inserting “science, engineering, and certain other disciplines”; (2) in subsection (a), by adding at the end the following new paragraph: “(11) Office of strategic capital The Director of the Office of Strategic Capital may carry out a program of personnel management authority provided in subsection (b) in order to facilitate recruitment of eminent experts in finance and investment for the Office.” ; and (3) in subsection (b)— (A) in paragraph (1)— (i) in subparagraph (D), by striking “5 scientific and engineering positions in the Office” and inserting “20 scientific and engineering positions in the Office, of which not more than 5 such positions may be positions of administration or management of the Office”; (ii) in subparagraph (E) by striking “5 scientific and engineering positions in the Unit” and inserting “35 scientific and engineering positions in the Unit, of which not more than 5 such positions may be positions of administration or management of the Unit”; (iii) in subparagraph (H), by striking “15” and inserting “25”; (iv) in subparagraph (I), by striking “and” at the end; (v) in subparagraph (J), by adding “and” at the end; and (vi) by adding at the end the following new subparagraph: “(K) in the case of the Office of Strategic Capital, appoint individuals to a total of not more than 30 positions in the Office;” ; and (B) in paragraph (2), by amending subparagraph (A) to read as follows: “(A) in the case of employees appointed pursuant to subparagraphs (B), (D), (E), (H), and (K) of paragraph (1), at a rate to be determined by the head of the organization concerned up to 150 percent of the total annual compensation payable to the Vice President under section 104 of title 3;” .