Waste Reduction Act

Waste Reduction Act - Makes it the national policy to reduce or prevent pollution at its source whenever feasible.

Directs the Administrator of the Environmental Protection Agency (EPA) to establish an office within the EPA (unless an office of pollution prevention is already provided for) which will be independent of the EPA's single-medium program offices and have the authority to review and advise such offices on their activities to promote a multi-media approach to source reduction. Directs the Administrator to develop and implement a strategy to promote source reduction. Identifies several review, coordination, outreach, and organizational actions that the Administrator must take as part of such strategy.

Requires the Administrator to: (1) make matching grants to States for programs promoting the use of source reduction techniques by businesses; and (2) establish a Source Reduction Clearinghouse to compile information generated by States receiving grants on management, technical, and operational approaches to source reduction. Requires that such information be made available to the public.

Requires filings of annual toxic chemical release forms required under the Superfund Amendments and Reauthorization Act of 1986 to include toxic chemical source reduction and recycling reports for toxic chemicals which are the subject of such filings. Includes in such reports information, on a facility-by-facility basis, as to: (1) the amounts and disposition of each toxic chemical; (2) the source reduction practices used with respect to such chemicals; (3) measurements of changes from past to anticipated levels of chemical reduction and recycling; and (4) the techniques used to identify source reduction opportunities. Makes such information available to the public.

Directs the Administrator to report to the Congress within 18 months of this Act's enactment and biennially thereafter on the results of actions taken to implement source reduction strategies.

Authorizes appropriations.