There is established a Joint Economic Committee, to be composed of ten Members of the Senate, to be appointed by the President of the Senate, and ten Members of the House of Representatives, to be appointed by the Speaker of the House of Representatives. In each case, the majority party shall be represented by six Members and the minority party shall be represented by four Members.
It shall be the function of the joint committee-
(1) to make a continuing study of matters relating to the Economic Report;
(2) to study means of coordinating programs in order to further the policy of this chapter; and
(3) as a guide to the several committees of the Congress dealing with legislation relating to the Economic Report, not later than March 1 of each year (beginning with the year 1947) to file a report with the Senate and the House of Representatives containing its findings and recommendations with respect to each of the main recommendations made by the President in the Economic Report, and from time to time to make such other reports and recommendations to the Senate and House of Representatives as it deems advisable.
Vacancies in the membership of the joint committee shall not affect the power of the remaining members to execute the functions of the joint committee, and shall be filled in the same manner as in the case of the original selection. The joint committee shall select a chairman and a vice chairman from among its members.
The joint committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings as it deems advisable, and, within the limitations of its appropriations, the joint committee is empowered to appoint and fix the compensation of such experts, consultants, technicians, and clerical and stenographic assistants, to procure such printing and binding, and to make such expenditures, as it deems necessary and advisable. The cost of stenographic services to report hearings of the joint committee, or any subcommittee thereof, shall not exceed 25 cents per hundred words. The joint committee is authorized to utilize the services, information, and facilities of the departments and establishments of the Government, and also of private research agencies.
To enable the joint committee to exercise its powers, functions, and duties under this chapter, there are authorized to be appropriated for each fiscal year such sums as may be necessary, to be disbursed by the Secretary of the Senate on vouchers signed by the chairman or vice chairman, except that vouchers shall not be required for the disbursement of salaries of employees paid at an annual rate.
Service of one individual, until the completion of the investigation authorized by Senate Concurrent Resolution 26, Eighty-first Congress, as an attorney or expert for the joint committee, in any business or professional field, on a part-time basis, with or without compensation, shall not be considered as service or employment bringing such individual within the provisions of section 281, 283, or 284 of title 18,1 or of any other Federal law imposing restrictions, requirements, or penalties in relation to the employment of persons, the performance of services, or the payment or receipt of compensation in connection with any claim, proceeding, or matter involving the United States.
(Feb. 20, 1946, ch. 33, §11, formerly §5,
Sections 281 and 283 of title 18, referred to in subsec. (f), were repealed by
Section 284 of title 18, referred to in subsec. (f), was repealed by
1974-Subsec. (e).
1967-Subsec. (a).
1964-Subsec. (e).
1959-Subsec. (a).
1956-Subsec. (a). Act June 19, 1956, substituted "Joint Economic Committee" for "Joint Committee on the Economic Report".
1949-Subsec. (e). Act Oct. 6, 1949, §1, substituted "$125,000" for "$50,000".
Subsec. (f). Act Oct. 6, 1949, §2, added subsec. (f).
1948-Subsec. (b)(3). Act Feb. 2, 1948, substituted "March 1" for "February 1".
1946-Subsec. (b)(3). Act Aug. 2, 1946, substituted "February 1" for "May 1".
Amendment by act Aug. 2, 1946, effective Aug. 2, 1946, see section 245 of that act, set out as a note under section 4301 of Title 2, The Congress.
Similar provisions were contained in
"(a) Agency contributions for employees whose salaries are disbursed by the Secretary of the Senate from the appropriations account 'Joint Economic Committee' under the heading 'JOINT ITEMS' shall be paid from the Senate appropriations account for 'Salaries, Officers and Employees'.
"(b) This section shall apply to pay periods beginning on or after October 1, 2000."
1 See References in Text note below.