22 U.S.C. § 7702 — Definitions

Page 1998 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 7702 Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this title’’, meaning title VI of Pub. L. 108–199, div. D, Jan. 23, 2004, 118 Stat. 211, which is classified generally to this chapter. For complete classification of this title to the Code, see Short Title note set out below and Ta- bles. Statutory Notes and Related Subsidiaries SHORT TITLE OF 2024 AMENDMENT Pub. L. 118–159, div. E, title LI, § 5122(a), Dec. 23, 2024, 138 Stat. 2430, provided that: ‘‘This section [amending sections 7705 to 7708, 7712, and 7715 of this title] may be cited as the ‘Millennium Challenge Corporation Can- didate Country Reform Act’.’’ SHORT TITLE Pub. L. 108–199, div. D, title VI, § 601, Jan. 23, 2004, 118 Stat. 211, provided that: ‘‘This title [enacting this chap- ter and amending section 5313 of Title 5, Government Organizations and Employees, and section 9101 of Title 31, Money and Finance] may be cited as the ‘Millen- nium Challenge Act of 2003’.’’ § 7702. Definitions In this chapter: (1) Appropriate congressional committees The term ‘‘appropriate congressional com- mittees’’ means— (A) the Committee on International Rela- tions and the Committee on Appropriations of the House of Representatives; and (B) the Committee on Foreign Relations and the Committee on Appropriations of the Senate. (2) Board The term ‘‘Board’’ means the Board of Direc- tors of the Corporation established pursuant to section 7703(c) of this title. (3) Candidate country The term ‘‘candidate country’’ means a country that meets the requirements of sec- tion 7705 of this title. (4) Chief Executive Officer The term ‘‘Chief Executive Officer’’ means the chief executive officer of the Corporation appointed pursuant to section 7703(b) of this title. (5) Compact The term ‘‘Compact’’ means a Millennium Challenge Compact described in section 7708 of this title. (6) Corporation The term ‘‘Corporation’’ means the Millen- nium Challenge Corporation established by section 7703(a) of this title. (7) Eligible country The term ‘‘eligible country’’ means a can- didate country that is determined, under sec- tion 7706 of this title, to be an eligible country to receive assistance under section 7704 of this title. (8) Investments in the people The term ‘‘investments in the people’’ means government policies or programs of an eligible country that promote the health, edu- cation, and other factors which contribute to the well-being and productivity of their peo- ple, such as decent, affordable housing for all. (Pub. L. 108–199, div. D, title VI, § 603, Jan. 23, 2004, 118 Stat. 211; Pub. L. 108–447, div. D, title V, § 534(q), Dec. 8, 2004, 118 Stat. 3008.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this title’’, meaning title VI of Pub. L. 108–199, div. D, Jan. 23, 2004, 118 Stat. 211, which is classified generally to this chapter. For complete classification of this title to the Code, see Short Title note set out under section 7701 of this title and Tables. AMENDMENTS 2004—Par. (8). Pub. L. 108–447 added par. (8). Statutory Notes and Related Subsidiaries CHANGE OF NAME Committee on International Relations of House of Representatives changed to Committee on Foreign Af- fairs of House of Representatives by House Resolution No. 6, One Hundred Tenth Congress, Jan. 5, 2007. § 7703. Establishment and management of the Millennium Challenge Corporation (a) Establishment There is established in the executive branch a corporation to be known as the ‘‘Millennium Challenge Corporation’’ that shall be responsible for carrying out this chapter. The Corporation shall be a government corporation, as defined in section 103 of title 5. (b) Chief Executive Officer (1) In general There shall be in the Corporation a Chief Ex- ecutive Officer who shall be responsible for the management of the Corporation. (2) Appointment (A) In general Except as provided in subparagraph (B), the Chief Executive Officer shall be ap- pointed by the President, by and with the advice and consent of the Senate. (B) Interim CEO The members of the Board of Directors de- scribed in subsection (c)(3)(A) may designate by unanimous consent in writing an indi- vidual who is an officer within any Federal department or agency (and who has been ap- pointed to such position by the President, by and with the advice and consent of the Sen- ate) to carry out the duties described in this subsection until the Chief Executive Officer is appointed pursuant to subparagraph (A). (3) Relationship to Board The Chief Executive Officer shall report to and be under the direct authority of the Board. (4) Compensation and rank (A) In general The Chief Executive Officer shall be com- pensated at the rate provided for level II of