H-2A Reform and Agricultural Worker Adjustment Act of 2001 - Directs the Attorney General, upon completion of specified agricultural work and residency requirements, to adjust the status of a qualifying alien agricultural worker (and spouse and minor children) to that of a: (1) lawfully admitted temporary nonimmigrant; and (2) permanent resident nonimmigrant.

Sets forth provisions with respect to: (1) adjustment of status applications, including penalties for false statements; (2) waiver of numerical limitations and certain grounds for inadmissibility; (3) temporary stay of removal and work authorization; (4) administrative and judicial review; and (5) dissemination of program information.

Amends the Immigration and Nationality Act to set forth registry application requirements for H-2A employers and employer associations, including assurances: (1) that the job opportunity is temporary or seasonal, and is not the result of a labor dispute, (2) that attempts have been made to hire U.S. workers; and (3) respecting required wages and benefits, and compliance with labor laws.

Sets forth employment requirements with respect to: (1) wages; (2) housing; and (3) transportation reimbursement. Establishes the Commission on Agricultural Wage Standards under the H-2A program.

Revises provisions respecting the admission and extension of stay of temporary H-2A workers. Provides special rules for alien sheepherders.

Amends the Migrant and Seasonal Agricultural Protection Act to provide coverage to H-2A agricultural workers, including the right to organize.

Establishes in the Treasury the Agricultural Worker Account which, through the use of fees collected from H-2A employers, shall provide assistance for labor management committees, administrative expenses, and demonstration programs.

Directs the Secretary of Labor to establish demonstration programs to improve agricultural labor management practices.