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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
7/14/2014--Passed House without amendment. Research and Development Efficiency Act - Requires the Director of Science and Technology Policy (OSTP) to establish a working group under the authority of the National Science and Technology Council that includes the Office of Management and Budget (OMB).
Makes the working group responsible for reviewing federal regulations affecting research and research universities and making recommendations on how to: (1) harmonize, streamline, and eliminate duplicative federal regulations and reporting requirements; and (2) minimize the regulatory burden on U.S. institutions of higher education performing federally funded research while maintaining accountability for federal tax dollars.
Instructs the working group to take into account input and recommendations from specified non-federal stakeholders in ensuring effectiveness, efficiency, and accountability in the performance of scientific research.
Requires the Director to report to Congress on what steps have been taken to carry out the recommendations of the working group.