A bill to amend the Federal Advisory Committee Act.

Amends the Federal Advisory Committee Act to require the head of each agency to record the receipt, disbursement, and source of any nonappropriated funds or anything of value received by any advisory body under such agency's jurisdiction. Requires the President and the Director of the Office of Management and Budget to report annually to Congress concerning such funds or things of value received by such advisory bodies. Requires the Director's report to be published in the Federal Register.

Requires such agency heads to keep records of all advisory body recommendations showing the number of such recommendations which have been accepted, rejected, or are pending. Requires the President to include such records in his annual report to Congress pursuant to the Federal Advisory Committee Act.