Postal Inspection Service and Inspector General Act

[AI summary unavailable — showing source text] Postal Inspection Service and Inspector General Act - Prohibits the Postal Service from retaining the services of a paid confidential informant for purposes of investigations concerning the possible violation of laws relating to controlled substances unless the unlawful use of the mails is involved. Directs the Postal Service to render a semiannual report to the Congress concerning any investigation: (1) in which the Postal Service retains the services of a paid confidential informant; and (2) which results in the arrest of one or more individuals for violating any law relating to controlled substances. Creates a Chief Postal Inspector within the Postal Service. Amends the Inspector General Act of 1978 to transfer internal audit and program review functions of the Postal Inspection Service to the Office of the Inspector General. Confers oversight responsibility for all activities of the Postal Inspection Service on the Inspector General of the Postal Service. Requires the Chief Postal Inspector to report significant activities being carried out by the Postal Inspection Service to the Inspector General. Applies all provisions of the Inspector General Act of 1978 to the Postal Servic…