; or (2) apply for a certification under this chapter for the operation of the licensed activities and may continue to operate pursuant to such license until such time as such certification is issued. (b) Rescinding or transfer of pending license A payload of a United States entity that, on the effective date of this section, is pending approval under section 50904 as part of a launch or reentry license issued under chapter 509 may be, at the election of the applicant for payload approval— (1) rescinded without prejudice; or (2) transferred to the Office of Space Commerce and deemed to be a pending application for certification under this chapter. (c) Effective date This section shall take effect on the date that is 1 year after the date of enactment of the American Space Commerce Free Enterprise Act of 2017 . 80109. Private Space Activity Advisory Committee (a) Establishment The Secretary shall establish a Private Space Activity Advisory Committee (in this section referred to as the Committee ) consisting of 15 members who shall be appointed by the Secretary. (b) Chair The Committee shall designate one member as the chair of the Committee. (c) Membership (1) Limitation Members of the Committee may not be Federal Government employees or officials. (2) Travel expenses Members of the Committee shall receive travel expenses, including per diem in lieu of subsistence, in accordance with the applicable provisions under subchapter I of chapter 57 of title 5. (3) Qualifications Members of the Committee shall include a variety of space policy, engineering, technical, science, legal, and finance professionals. Not less than 3 members shall have significant experience working in the commercial space industry. (d) Terms Each member of the Committee shall serve for a term of 4 years and may not serve as a member for the 2-year period following the date of completion of each such term. (e) Duties The duties of the Committee shall be to— (1) analyze the status and recent developments of nongovernmental space activities