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JOINT COMMITTEE ON THE ECONOMIC REPORT

SEC. 5. (a) There is hereby established a Joint Committee on the Economic Report, to be composed of seven Members of the Senate, to be appointed by the President of the Senate, and seven Members of the House of Representatives, to be appointed by the Speaker of the House of Representatives. The party representation on the joint committee shall as nearly as may be feasible reflect the relative membership of the majority and minority parties in the Senate and House of Representatives.

(b) 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 Act; and

(3) as a guide to the several committees of the Congress dealing with legislation relating to the Economic Report, not later than May 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.

(c) 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.

(d) 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.

(e) There is hereby authorized to be appropriated for each fiscal year, the sum of $50,000, or so much thereof as may be necessary, to carry out the provisions of this section, to be disbursed by the Secretary of the Senate on vouchers signed by the chairman or vice chairman.

Approved February 20, 1946.

Party tion

Reports
Put, p.

Hearings;

Appropriation thorized. Post, p. 913.

B. To Amend the Employment Act of 1946 With Respect to the Joint Committee on the Economic Report

(63 Stat. 721)

This act was the result of the enactment of S. 2085, 81st Congress. It was approved on October 6, 1949, as Public Law 330, 81st Congress. The text of this public law appears in volume 63, Statutes at Large, pages 721-722. Its provisions are codified as 15 U.S.C. 1024.

A. LEGISLATIVE HISTORY OF PUBLIC LAW 330, 81ST CONGRESS

1. CONGRESSIONAL RECORD REFERENCES TO DEBATES, ETC.

(Page citations are to vol. 95, Congressional Record)

S. 2085: To amend the Employment Act of 1946 with respect to the Joint Committee on the Economic Report. Mr. O'Mahoney and Mr. Flanders; Committee on Banking and Currency, 7690. Reported with amendments (S. Rept. 603), 8718. Objected to, 10194. Amended and passed Senate, 11097. Referred to House Committee on Expenditures in the Executive Departments, 11233. Reported back (H. Rept. 1306), 12192. Passed House, 13670. Examined and signed, 13760, 13849. Presented to the President, 13858. Approved (Public Law 330), 14171.

2. SERIAL NUMBERS TO BOUND VOLUMES OF CONGRESSIONAL REPORTS RELATING TO PUBLIC LAW 330, 81ST CONGRESS

Senate Report 603, 81st Congress, 11293.

House Report 1306, 81st Congress, 11301.

3. CONGRESSIONAL HEARINGS RELATING TO PUBLIC LAW 330, 81ST

(None found.)

CONGRESS

B. TEXT OF PUBLIC LAW 330, 81ST CONGRESS

AN ACT

To amend the Employment Act of 1946 with respect to the Joint Committee on the Economic Report.

October 6, 1949 [S. 2085) (Public Law 230)

Employment Act of

60 Stat. 26.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (e) 1946, amendment. of section 5 of the Employment Act of 1946 (60 Stat. 25), as amended, is amended by striking out "$50,000" and inserting in lieu thereof "$125,000".

SEC. 2. Section 5 of such Act is further amended by inserting at the end thereof the following:

18 U. 8. C. 1024 (6).

60 Stat. 25.
15 U. S. O. 1024.

Post, p. 1217,

"(f) 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 bring ing such individual within the provisions of sections 281, 283, or 284 of title 18 of the United States Code, or of any other Federal law II, 281, 233, 294. 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."

Approved October 6, 1949.

62 Stat. 697, 608.
18 U. S. C., Supp.

Ante, pp. 90, 280.

C. To Amend the Employment Act of 1946, as Amended

(70 Stat. 289)

This act was the result of the enactment of S. 3332, 84th Congress. It was approved on June 18, 1956, as Public Law 591, 84th Congress. It amends 15 U.S.C. 1022-1024. The text of the act appears in volume 70, Statutes at Large, pages 289–290.

A. LEGISLATIVE HISTORY OF PUBLIC LAW 591, 84TH CONGRESS

1. CONGRESSIONAL RECORD REFERENCES TO DEBATES, ETC.

(Page citations are to vol. 102, Congressional Record)

S. 3332: To amend the Employment Act of 1946, as amended. Mr. Watkins, Mr. Flanders, and Mr. Goldwater; Committee on Banking and Currency, 3647. Reported with amendments (S. Rept. 1961), 7871. Amended and passed Senate, 8544. Passed House (in lieu of H.R. 9764), 9564. Examined and signed, 9747, 9852. Presented to the President, 9794. Approved (Public Law 591), 10435.

H.R. 9764: To amend the Employment Act of 1946. Mr. Curtis of Missouri; Committee on Government Operations, 4101. Reported with amendment (H. Rept. 2173), 8318. Laid on the table (S. 3332 passed in lieu), 9564.

2. SERIAL NUMBERS TO BOUND VOLUMES OF CONGRESSIONAL REPORTS RELATING TO PUBLIC LAW 591, 84TH CONGRESS

Senate Report 1961, 84th Congress, 11888.

House Report 2173, 84th Congress, 11898.

3. CONGRESSIONAL HEARINGS RELATING TO PUBLIC LAW 591, 84TH

(None found.)

CONGRESS

B. TEXT OF PUBLIC LAW 591, 84TH CONGRESS

AN ACT

To amend the Employment Act of 1946, as amended.

Be it enacted by the Senate and House of Representatives of the United States of America in ('ongress assembled, That section 3 (a) of the Employment Act of 1946, as amended (relating to the time for filing the onomic report of the President), is amended by striking out “at t.e beginning of each regular session (commencing with the year 1947 and inserting in lieu thereof "not later than January 20 of each year.

SEC. 2. Section 3 (n) of such Act and the heading thereof are ench amended by striking out "Joint Committee on the Economic Report" and inserting in lieu thereof "Joint Economic Committee"; and any other statute in which the name "Joint Committee on the Economic Report" appears is amended to conform to the foregoing change in the name of the Joint Committee.

Approved June 18, 1956.

June 18, 1956 [S. 3332]

60 Stat. 24, 838is USC 1022.

60 Stat. 25.

15 USC 1024.

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