Federal Assistance Reform Act of 1981

[AI summary unavailable — showing source text] Federal Assistance Reform Act of 1981 - Title I: Consolidation of Federal Assistance Programs - Directs the President: (1) prior to each regular session of Congress, to examine the various Federal assistance programs to determine if consolidation of any such programs is necessary or desirable to promote the efficiency, administration, or coordination of such programs; and (2) upon making such a determination, to transmit to Congress a plan for consolidating functionally related programs. Requires that such a plan: (1) designate a single agency to administer the plan and the consolidated programs; (2) specify the terms and conditions under which such programs will be administered; (3) expire no later than ten years after enactment of this Act; and (4) include a message describing the difference between the terms and conditions of the programs to be consolidated before and after consolidation, and assessing the plan's effects on the costs of implementing the programs. Directs the President to transmit a report on the administration of this title to Congress within 60 days of each session of Congress. Prohibits a consolidation plan from: (1) consolidating programs which are not functi…