Creates the Independent Commission on Intelligence about Iraq. Gives the Commission responsibility for: (1) evaluating executive branch intelligence collection, assessment, and representations concerning the threats posed by Iraq; (2) evaluating the effectiveness of collaborative arrangements between the United States and others in assessing such threats; (3) examining the extent to which Congress has imposed restrictions that have hampered the efforts of the intelligence community; (4) reviewing the work of other investigations; and (5) reporting its findings, conclusions, and recommendations to Congress and the President.