A joint resolution to establish a National Commission to study and report on the Impact of the Independent Regulatory Agencies upon Commerce.

[AI summary unavailable — showing source text] Establishes a National Commission on Regulatory Reform. Directs the Commission to prepare a comprehensive report to the Congress and the President within twelve months after its establishment, containing its conclusions and recommendations, together with the criteria, standards, data, and findings upon which such conclusions and recommendations are based, with respect to: (1) the consequences to the Nation of regulation by independent regulatory agencies; (2) the economic costs and any economic benefits of regulation by the independent regulatory agencies; (3) any noneconomic costs and benefits of such regulation, taking into account reliability of service, protection of the environment, protection of low-and middle-income consumers, demographic impact, quality of life, and other relevant factors and national goals and purposes as set forth in Acts of Congress; (4) evaluation of the benefits to the Nation of continuing regulation by independent regulatory agencies, considered collectively and individually, and costs thereof in comparison with the benefits to the Nation of discontinuing such regulation in whole or in part, and costs thereof; (5) the consequences to the Nation of dis…