Global Nuclear Weapons Material Control Act

Global Nuclear Weapons Material Control Act - Urges the President to: (1) negotiate an agreement with the Soviet Union on cooperative mutual inspection measures assuring the end of production of nuclear weapons materials; (2) extend such an agreement to all nations; and (3) pursue discussions with the Soviet Union on the technical requirements needed for the dismantling of nuclear warheads and the reuse or permanent disposal of nuclear weapons materials.

Directs the Secretary of Energy to use funds available for national security programs of the Department of Energy to develop and demonstrate by October 1, 1995, technical capabilities for the verifiable dismantling of nuclear warheads at existing facilities and for the disposal of nuclear weapons materials. Outlines techniques and procedures to be included in such technical capabilities development. Authorizes appropriations to the Secretary for FY 1992 through 1994 for such program. Requires the Secretary to report to the Congress the program's plan, budget, and schedule.