Notice of Open Meeting – MCC Advisory Council
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Millennium Challenge Corporation (MCC) has issued a notice of an open meeting of its Advisory Council, as required under the Federal Advisory Committee Act (FACA). The Advisory Council was originally established as a discretionary advisory committee on July 14, 2016, and its charter was most recently renewed for a fourth term on July 2, 2024. The MCC Advisory Council operates in a purely advisory capacity, providing the Corporation with insights on infrastructure innovation, technology, sustainability, risk and opportunity assessments in partner countries, new financing mechanisms for developing economies, and shared-value business approaches. The Council serves as a structured platform for engagement between MCC and private sector stakeholders, as well as other external parties. Its broader purpose is to support MCC's mission of advancing U.S. economic and strategic interests through results-oriented foreign assistance programs.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Open meeting of the MCC Advisory Council announced in compliance with FACA requirements
- Advisory Council charter renewed for a fourth term on July 2, 2024
- Council scope includes infrastructure innovation, technology, sustainability, and new financing mechanisms
+ 3 more changes with Pro
Obligations
What this law requires
Operate the MCC Advisory Council in accordance with the Federal Advisory Committee Act (FACA) requirements
Issue a notice of open meeting for the MCC Advisory Council as required under FACA
Renew the MCC Advisory Council charter periodically (most recently renewed for a fourth term on July 2, 2024)
Maintain the MCC Advisory Council as a discretionary advisory committee operating solely in an advisory capacity
Ensure the MCC Advisory Council provides structured platform for engagement between MCC and private sector stakeholders and external parties