A bill to amend title 5 of the United States Code to elevate the status and salary of certain executive positions in certain independent regulatory agencies.

[AI summary unavailable — showing source text] Elevates from level III to level II of the Executive Schedule the chairmen of the following agencies: Civil Aeronautics Board; Federal Trade Commission; Federal Communications Commission; Interstate Commerce Commission; National Labor Relations Board; Securities and Exchange Commission; Federal Maritime Commission; Federal Energy Regulatory Commission; Consumer Product Safety Commission; and Commodity Futures Trading Commission. Elevates from level IV of the Executive Schedule to level III the positions of the Members of each such body.…