A bill to amend the Food Stamp Act of 1977 to improve quality control standards and procedures under the Food Stamp program, and to provide for studies to assist in the further improvement of such standards and procedures.

Amends the Food Stamp Act of 1977 to require: (1) each State agency to submit to the Secretary of Agriculture a statistically reliable sample of cases for purposes of quality control review; (2) the Secretary to analyze such information and notify the State agency of its error rate; and (3) the State agency to develop, submit to the Secretary, and implement a corrective action plan.

Directs the Secretary to: (1) waive the requirement of a corrective action plan where a State's error rate has been consistently below the "target" error rate; (2) establish corrective action plan criteria; (3) monitor the implementation of any such plans; and (4) reduce a State's federally funded share of administrative costs if its error rate exceeds "target" rates.

Provides with regard to such financial sanctions that: (1) the Secretary may waive such sanctions based on a State's good faith effort to reduce its error rate; (2) sanctions shall be reduced by the amount of collections from allotments to ineligible households or from overissuances to eligible households; and (3) the Secretary waive such sanctions if a State spends the sanction amount on implementation of a corrective action plan.

Sets (fiscal year) error rate tolerance levels at five percent adjusted by specified socio-economic factors.

Imposes a one-year moratorium on sanctionable food stamp program errors, and a 90-day moratorium on administrative errors.

Directs the Secretary to: (1) conduct a study of client errors and broader performance measures; and (2) report to the Congress within one year.