A joint report by members of two Congressional Committees examined the proposed bill to carry out the National Sea Grant College Program Act and recommended that the bill be passed. The Sea Grant College Program Act authorizes appropriations for the National Sea Grant Program, which provides grants to support university-based marine research, education, and advisory services, and repeals the Strategic Marine Research Program. The committees supported a 5-year reauthorization at levels that would permit the continuation of the existing network without reduction. The committees reviewed the legislative history of this reauthorization and authorized levels of funding for 5 years with cost estimates from the Congressional Budget Office. An examination of the regulatory impact of the bill found that as the bill reauthorizes an existing program, no additional regulatory, economic, paperwork, or personal privacy burdens would be imposed on individuals or businesses. However, because the Strategic Marine Research Program component of the National Sea Grant Program duplicated another program, it was repealed. The report analyzes the bill section by section and indicates changes and omissions from the original bill. (JB)