A bill to establish an Advisory Commission on the Reconstruction and Redevelopment of Southeast Asia.

Establishes an Advisory Commission on the Reconstruction and Redevelopment of Southeast Asia.

Authorizes the Commission to: (1) formulate broad and comprehensive recommendations as to the extent and kind of assistance that the United States should provide for the reconstruction and redevelopment of war-torn countries of Southeast Asia; (2) encourage the views of the American people and Members of Congress in promulgating such recommendations; (3) assess the availability of manpower technical know-how; (4) promulgate guidelines for computing the cost benefit ratio for reconstruction and redevelopment projects which take into consideration the budgetary deficits and financial needs of the United States; (5) establish the priorities of reconstruction in Southeast Asia; and (6) determine whether aid should be channeled through multinational organizations or be given on a belated basis or both.

Outlines the membership of the Advisory Commission, administrative functions and authorizes those sums necessary to carry out this Act.