; and (B) the individual shall be required to repay to the Department of Treasury, on a no-interest basis, the amount to which the individual was not entitled by the date that is not later than two years after the date on which the Inspector General notified the individual under subparagraph (A). 8. Paycheck Recovery Program Implementation Oversight Board (a) Establishment There is established in the legislative branch a Congressional Paycheck Recovery Program Implementation Oversight Board (in this section referred to as the Oversight Board ). (b) Duties The duties of the Oversight Board shall be to conduct oversight to ensure that an employer receiving a grant under the Program uses the grant funds in accordance with section (2)(f) and complies with the conditions agreed to under section (2)(e). (c) Membership (1) Number and Appointment The Oversight Board shall be composed of 12 members appointed by the Speaker of the House of Representatives and the majority leader of the Senate as follows: (A) Four members of Congress appointed upon the recommendation of the minority leaders of the House of Representatives and the Senate. (B) Four representatives from the private sector, including labor unions and management representatives. (C) Four representatives from State or local government. (2) Chairperson The chairperson of the Oversight Board shall be a member of the Oversight Board designated by the Speaker of the House of Representatives and the majority leader of the Senate. (3) Vice chairperson The vice chairperson of the Oversight Board shall be a member of the Oversight Board designated by the Speaker of the House of Representatives and the majority leader of the Senate upon the recommendation of the minority leaders of the House of Representatives and the Senate. (4) Vacancies A vacancy in the Oversight Board shall be filled in the same manner in which the original appointment was made. (d) Additional authorities (1) Subpoena The Oversight Board may issue subpoenas requiring the attendance and testimony of