Expresses the findings of Congress, including that Federal information reporting requirements have placed an unprecedented paperwork burden upon private citizens, recipients of Federal assistance, businesses, governmental contractors, and State and local governments.
Establishes a Commission on Federal Paperwork to study procedures and practices of the Federal Government relating to information gathering, dissemination, and the management and control of information activities. Enumerates the areas to be considered by the Commission in its studies.
Directs the Commission to make a final report to the Congress and the President within two years of the date of its first meeting.
Sets forth the membership composition of the Commission and their compensation. Details the administrative powers of the Commission. Calls for cooperation between Federal agencies and the Commission.
Authorizes to be appropriated to the Commission such sums as may be necessary to carry out the provisions of this Act.