Food Safety Authority Modernization Act - Establishes the Congressional Bipartisan Food Safety Commission to: (1) review the U.S. food safety system and relevant statutes, studies, and reports; (2) prepare a report that summarizes information about the current system, makes specified recommendations (including on ways to modernize the system, improve coordination of food safety activities, emphasize preventative strategies, and provide to federal agencies funding mechanisms to carry out food safety responsibilities); and (3) draft statutory language that would implement the recommendations.
Directs the Secretary of Agriculture and the Secretary of Health and Human Services to provide the Commission specified funding and support services.
Terminates budget authority to implement food and food safety provisions of the Poultry Products Inspection Act, the Federal Meat Inspection Act, the Egg Products Inspection Act, and chapters I through IV of the Federal Food, Drug, and Cosmetic Act two years after enactment of this Act.