A bill to establish an Advisory Committee on Timber Sales Procedure appointed by the Secretary of Agriculture for the purposes of studying, and making recommendations with respect to, procedures by which timber is sold by the Forest Service, and to provide an opportunity for congressional review.

Establishes within the Department of Agriculture an Advisory Committee on Timber Sales Procedures to study the methods by which the Forest Service sells timber and to provide independent recommendation with respect to establishing procedures by which the Service will be able to sell timber in a manner which will, over the long term, provide for community stability and which will provide the most stable return to the Federal Government while maintaining diversity in terms of sizes, types and locations of operations and facilities which process timber. Terminates such Advisory Committee upon its submission of its findings and recommendations to the Secretary of Agriculture and to the appropriate committees of Congress.

Directs that oral auction be used for the competitive sale of national forest timber to the maximum extent consistent with historic patterns of bidding. Requires the Secretary of Agriculture to monitor and review all sales from individual national forests and to report to the Justice Department all patterns of bidding which may be collusive.