Executive Order 12607 --
President's Commission on Privatization
By
the authority vested in me as President by the Constitution and laws of the
United States of America, and in order to establish, in accordance with the
Federal Advisory Committee Act, as amended (5 U.S.C. App. I), a Commission to
review the appropriate division of responsibilities between the Federal government
and the private sector, it is hereby ordered as follows:
Section 1. Establishment.
(a) There is established the President's Commission on Privatization. The
Commission shall be composed of not more than 13 members appointed or
designated by the President. The members shall be drawn from among a bipartisan
cross-section of distinguished leaders.
(b)
The President shall designate a Chairman from among the members of the
Commission.
Sec. 2. Functions. (a)
The Commission shall study and evaluate:
(1)
Past and current privatization efforts by the Federal government, State and
local governments, and foreign governments, including asset sales by the
Federal government;
(2)
Literature and writing on privatization; and
(3)
The environment for additional privatization efforts by the Federal government.
(b)
The Commission shall review the current activities of the Federal government,
including asset holdings, and identify those functions that:
(1)
Are not properly the responsibility of the Federal government and should be
divested or transferred to the private sector, with no residual involvement by
the Federal government; or
(2)
Require continuing oversight by an Executive Branch agency but can be performed
more efficiently by a private entity, including the use of vouchers as an
alternative to direct service.
(c)
The Commission shall develop the framework for a privatization program,
identifying:
(1)
Privatization opportunities, including those identified in (b) above, listed in
order of priority;
(2)
Legislative and administrative actions necessary to effect
the privatization initiatives or remove existing privatization restrictions;
(3)
Needed improvements to personnel and administrative policy to create an
environment conducive to privatization;
(4)
Organizational and resource requirements necessary to implement successfully
the privatization program; and
(5)
Actions necessary to create broad-based support for privatization efforts.
(d)
The Commission shall submit its findings and recommendations to the President
and the Director of the Office of Management and Budget by
Sec. 3. Administration.
(a) The heads of Executive departments, agencies, and independent
instrumentalities shall, to the extent permitted by law, provide the
Commission, upon request, with such information as it may require for purposes
of carrying out its functions.
(b)
Members of the Commission shall serve without compensation for their work on
the Commission. While engaged in the work of the Commission, members appointed
from among private citizens of the
(c)
To the extent provided by law and subject to the availability of
appropriations, the Director of the Office of Management and Budget shall
provide the Commission with such administrative services, funds, facilities,
staff, and other support services as may be necessary for the performance of
its functions.
Sec. 4. General Provision.
(a) Notwithstanding the provisions of any other Executive Order, the functions
of the President under the Federal Advisory Committee Act that are applicable
to the Commission, except that of reporting annually to the Congress, shall be
performed by the Director of the Office of Management and Budget, in accordance
with guidelines and procedures established by the Administrator of General
Services; and
(b)
The Commission shall terminate 30 days after submitting its final report to the
President.
Ronald
Reagan
The
White House,
[Filed with the Office
of the Federal Register,
Note: The Executive
order was released by the Office of the Press Secretary on September 3.