Economic Preparedness Act

[AI summary unavailable — showing source text] Economic Preparedness Act - Title I: National Economic Preparedness Council - Establishes a National Economic Preparedness Council. Sets forth the membership composition of such council. Provides that it shall be the duty of the Council to study and investigate and make recommendations with respect to the organization, methods of operation, and powers of all departments, agencies, independent establishments, and instrumentalities of the United States Government and other institutions participating in the management of the economy of the United States. Sets forth reporting requirements of the Council. Authorizes the appropriation of such sums as may be necessary to carry out the provisions of this title. Title II: National Commodities Survey Office Establishment - Establishes within the General Accounting Office a National Commodities Survey Office under the direction of a Director appointed by the Comptroller General of the United States. Provides that the Director shall gather, analyze and interpret data related to the availability of strategic commodities and resources. Sets forth reporting requirements for the Director. Authorizes the appropriation to the General Accounting Offi…