Outer Continental Shelf Management Reorganization Act

Outer Continental Shelf Management Reorganization Act - Establishes an Office of Assistant Secretary for Outer Continental Shelf Matters within the Department of the Interior. Transfers functions relating to management of the Outer Continental Shelf (as determined by the Director of the Office of Management and Budget) from the Federal Power Commission, the Interstate Commerce Commission, the Secretary of the Army, to the newly-created office.

Establishes an Outer Continental Shelf Council to review actions of the Secretary of the Interior with respect to the management of the Outer Continental Shelf. Stipulates that the decision of the Council shall be final.

Directs the Secretary to establish within the Office of the Assistant Secretary a Division of State and Local Liaison. Requires reporting of other Federal actions which have a direct and significant affect on the Outer Continental Shelf to the Secretary and to the Council.