Modifies section 1601 of the Elementary and Secondary Education Act: strikes references to certain subsections and removes specific subsections while redesignating later subsections.

Repeals section 1602 of the Elementary and Secondary Education Act (the agreement/records provisions related to negotiated rulemaking).

Amends section 207 of the Higher Education Act by removing one subsection and redesignating a later subsection.

Amends provisions in section 422(g)(1) (20 U.S.C. 1072(g)(1)) by adjusting punctuation and removing a subparagraph.

Amends subsection references under section 487A(b)(3)(B) by striking specified text in that subparagraph.

Amends a provision referenced as section 491(l)(4)(A) by striking specified text.

Amends section 492 of the Higher Education Act: revises the section heading and replaces subsection (b) to require issuance of final regulations within a specified 360-day period.

Modifies section 8204(c)(1) by removing an explicit requirement to use a negotiated rulemaking process and rephrasing the implementation timing requirement.

Amends 5 U.S.C. 801(b) by removing the terminal "; and" from paragraph (1) and by striking paragraph (2).

Adds a new section 505 to title 5 establishing the Office of the Public Advocate within the Office of Management and Budget, including creation of the National Public Advocate position, specified duties, appointment and compensation provisions, and rulemaking and assessment deadlines.