A bill to provide for the employment and compensation of employees of the General Accounting Office without regard to certain provisions of title 5, United States Code, and for other purposes.

Authorizes the Comptroller General, notwithstanding existing regulations governing the hiring, promotion, and disciplining of Federal employees, to make all appointments to positions in the General Accounting Office on a merit basis, to make all promotions, reassignments, and details of GAO employees solely on the basis of fitness and merit, and to make all separations, suspensions and reductions in rank or pay only to promote the efficiency of the service.

States that pay for GAO employees shall be fixed in accordance with existing provisions governing the pay of Federal employees but without regard to established minimum rates for beginning employees, the job grading system, and the occupational classification system.

States that grievances of GAO employees shall be settled in accordance with regulations provided for by the Comptroller General.