BOARD OF DIRECTORS.

SEC. 8722. BOARD OF DIRECTORS. Section 1413 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9613) is amended— (1) in subsection (b)— (A) in paragraph (2)(A)(iii), by striking “5 individuals” each place it appears and inserting “3 individuals”; and (B) by adding at the end the following new paragraph: “(6) Sunshine act compliance.—Meetings of the Board are subject to section 552b of title 5, United States Code (commonly referred to as the ‘Government in the Sunshine Act’).” ; and (2) by striking subsection (c) and inserting the following: “(c) Public Hearings.—The Board shall— “(1) hold at least 2 public hearings each year in order to afford an opportunity for any person to present views with respect to whether— “(A) the Corporation is carrying out its activities in accordance with this division; and “(B) any support provided by the Corporation under title II in any country should be suspended, expanded, or extended; “(2) as necessary and appropriate, provide responses to the issues and questions discussed during each such hearing following the conclusion of the hearing; “(3) post the minutes from each such hearing on a website of the Corporation and, consistent with applicable laws related to privacy and the protection of proprietary business information, the responses to issues and questions discussed in the hearing; and “(4) implement appropriate procedures to ensure the protection from unlawful disclosure of the proprietary information submitted by private sector applicants marked as business confidential information unless— “(A) the party submitting the confidential business information waives such protection or consents to the release of the information; or “(B) to the extent some form of such protected information may be included in official documents of the Corporation, a nonconfidential form of the information may be provided, in which the business confidential information is summarized or deleted in a manner that provides appropriate protections for the owner of the information.” .