Peace Corps Reform Act

Peace Corps Reform Act - Amends the Peace Corps Act to include within the purposes of such Act the goals of strengthening the development programs in foreign countries and of furthering a spirit of voluntary actions.

Establishes the Peace Corps as an independent government corporation to carry out the purposes of such Act. Sets forth additional powers of the Peace Corps.

Requires the Peace Corps to evaluate its performance and report such evaluation to Congress annually.

Vests authority for the operations of the Peace Corps in a Board of Directors. Sets forth the membership of the Board. Establishes an Advisory Council in the Peace Corps to advise the Board on the policies and programs of the Peace Corps.

Requires the Peace Corps to request each host country to establish an advisory council to advise the Peace Corps Country Director and appropriate host country government officials on the appropriate priorities and operating procedures for the Peace Corps in that country. Requires the Peace Corps to encourage establishment of regional advisory councils to advise the Peace Corps on its policies in the countries represented by the council.

Requires the Board to appoint a Director and Deputy Director of the Peace Corps. Sets forth the duties of such officers.

Requires the Peace Corps to establish procedures to maximize coordination with programs of other volunteer and development organizations.

Sets forth general provisions concerning the organization of the Peace Corps as a government corporation.

Limits the funds that may be used to carry out the Peace Corps Act for fiscal year 1982. Limits the amount of Peace Corps funds that may be spent for experts and consultants during such year.

Repeals specified obsolete provisions of the Peace Corps Act. Increases the monthly allowance for volunteers to $150. Prohibits any volunteer from serving more than five years in any ten year period unless the Director approves an extension.

Requires the Peace Corps to: (1) help returning volunteers in readjusting and using their skills; (2) help organizations in using the skills of such persons; and (3) encourage such persons to share their experiences in order to help promote American understanding of developing countries.

Provides allowances and expenses for spouses of volunteers.

Repeals the provisions creating Peace Corps volunteer leaders and making certain mutual defense assistance control provisions applicable. Revises the provisions governing Peace Corps employees. Prohibits security investigations of persons employed under the Peace Corps Act unless requested by the Peace Corps.

Limits the amount of voluntary service program funds that may be contributed to other organizations to pay for encouraging development of international voluntary programs.

Makes technical and conforming amendments to the Peace Corps Act and other specified Acts.

Sets forth provisions for the transition of the Peace Corps from a part of ACTION to an independent government corporation.