116th CONGRESS 1st Session |
To require the Commodity Futures Trading Commission to establish an Office of Minority and Women Inclusion, and for other purposes.
September 9, 2019
Mr. David Scott of Georgia introduced the following bill; which was referred to the Committee on Agriculture
To require the Commodity Futures Trading Commission to establish an Office of Minority and Women Inclusion, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Establishment of Office of Minority and Women Inclusion at the Commodity Futures Trading Commission; internship program.
Section 2(a) of the Commodity Exchange Act (7 U.S.C. 2(a)) is amended by adding at the end the following:
“(16) Office of Minority and Women Inclusion.—Within 6 months after the date of the enactment of this paragraph, the Commission shall comply with section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
“(17) Annual internship program.—
“(A) IN GENERAL.—The Executive Director shall establish a program to place an appropriate number of students attending qualified institutions in a semester-length internship within one of the Commission’s divisions.
“(B) FUNDING.—The Commission shall set aside an appropriate percentage of the funds allocated to the office of the Chairman to enable the selected interns identified in subparagraph (A) to afford living expenses, including rent and a per-diem, in the metropolitan areas where the Director identifies internship opportunities.
“(C) QUALIFIED INSTITUTION DEFINED.—In this paragraph, the term ‘qualified institution’ means—
“(i) an 1890 Institution (as defined in section 2 of the Agricultural Research, Extension, and Education Reform Act of 1998 (7 U.S.C. 7601));
“(ii) a 1994 Institution (as defined in section 532 of the Equity in Educational Land-Grant Status Act of 1994 (Public Law 103–382; 7 U.S.C. 301 note));
“(iii) an eligible institution (as defined in section 1489 of the National Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C. 3361)); or
“(iv) a Hispanic-serving institution (as defined in section 1404 of the Food and Agriculture Act of 1977 (7 U.S.C. 3103)).”.