A bill to define the powers and duties and to place restriction upon the grounds for the removal of the Special Prosecutor appointed by the Acting Attorney General of the United States on November 5, 1973 and for other purposes.

States that the Special Prosecutor appointed by the Acting Attorney General as successor to the Prosecutor shall be and hereby is made subject to removal only by the Attorney General for gross impropriety, gross miscondut, gross dereliction of duty, or for physical inability to discharge the powers and duties of his office, but for no other cause. Provides that the Attorney General shall give 30 days notice in writing to the Congress of his intention to remove the Special Prosecutor, setting forth in detail the reasons for such removal.

Provides that the Special Prosecutor shall be, and hereby is, charged with the duty and clothed with the full and complete authority to investigate, to prepare, to conduct, and to prosecute any criminal offense arising out of or connected with the unauthorized entry into Democratic National Committee headquarters at the Watergate in 1972, arising out of or connected with the Presidential election of 1972, allegations of offenses involving the President, members of the White House staff, or Presidential appointees, except allegations of offenses the Special Prosecutor waives to the jurisdiction of the Department of Justice by letter to the Attorney General setting forth his reasons for such waiver, any and all other matters heretofore referred-pursuant to regulations of the Attorney General-to the former Special Prosecutor, and such new matters which the Special Prosecutor consents to have assigned to him by the Attorney General.

Requires that all materials, tapes, documents, files, work in process, information, and all other property of whatever kind and description relevant to his duties and possessed by the former Special Prosecutor or his Staff shall be delivered into the possession of the new Special Prosecutor.

States that the Special Prosecutor shall have full authority to undertake any action he deems necessary and proper for the performance of his duties under this Act.

Authorizes appropriations of such sums as may be necessary to carry out the purposes of this Act.