The Association of American Universities, the Association of Public and Land-grant Universities, and the Association of Research Libraries have released "Expanded Public Access: A New Era with New Challenges."
Here's an excerpt:
During a short six-month period, agencies will develop draft plans for how this long-term preservation and access will occur ["Increasing Access to the Results of Federally Funded Scientific Research"]. Research universities have a significant stake in the plans the Director ultimately approves—universities are responsible to federal research funding agencies for compliance with the regulations attendant to the grants received by their researchers. If we are faced with different deposit requirements for manuscripts and data by each of the 15 and possibly more agencies subject to the directive, the compliance bill could be very expensive and might not reflect the interests of the academy. Given that PubMed Central has established a useful model for deposit of and access to research manuscripts, we can hope that the example of good practice established by them will be drawn upon by other funding agencies as they establish their own public access policies, and that the resultant products interconnect across and between agencies and external stakeholders that promote effective, seamless public access.