A bill to amend chapter 21 of title 44, United States Code, to include new provisions relating to the acceptance and use of records transferred to the custody of the Administrator of General Services.

Reduces from 50 to 30 years the length of time Federal agency records must be in existence before they may be accepted by the Administrator of General Services for transmittal to the National Archives. States that restrictions placed upon such records by the originating agency shall not be imposed unless concurred with by the Administrator in consultation with the Archivist of the United States. Authorizes the Administrator to relax or remove such restrictions in the event the originating agency is terminated and there is no successor agency if such relaxation or removal is in the public interest.