This report provides an analysis of the Subcommittee on Science, Research and Technology's hearings on H.R. 3137 (the Information Science and Technology Act of 1981), focusing on major issues discussed and various alternatives for action proposed by witnesses at the hearings. The primary purposes of the act are to provide a forum for considering information concerns of government, industry and commerce, educational interests, and the public; and to investigate and provide assessments of current and projected future developments in information science and technology, and of potential applications and their impacts, to serve as a basis for policy determination in information-related issues. Included in an introduction is a summary of the bill and hearing schedule, followed by an overview of the impact of information technology on society, a description of the U.S. Government framework for information policy, identification of major policy issues, discussion of the provisions of H.R. 3137, and various alternative courses of action. Subcommittee conclusions/recommendations and the complete text of H.R. 3137 are also provided in separate sections. Recommendations include establishment of an interdisciplinary task force and advisory board to provide technical/policy advice to the task force, and steps to improve dissemination of scientific/technical information generated by the Federal Government. (Author/JN)