Commission on National Service Opportunities Act of 1987

Commission on National Service Opportunities Act of 1987 - Establishes the Commission on National Service Opportunities to examine: (1) the effectiveness of existing service opportunities in the public and private sectors; (2) alternative types of national service programs; (3) the impact of potential changes in incentives for service; (4) the feasibility of incorporating existing and alternative service programs into a comprehensive national service program; (5) the need for and the desirability, feasibility, and cost of establishing and carrying out a program of mandatory national service; and (6) alternative ways to furnish educational assistance to participants in national service programs, and the costs of such alternatives.

Directs the Commission to transmit a final report, with any recommendations for legislative or administrative actions, to the President and the Congress not later than 15 months after its first meeting. Directs each affected executive department and agency to submit recommendations to the President for implementing such report. Directs the President to report to the Congress on the implementation of the Commission's recommendations.

Terminates the Commission 180 days after its final report is transmitted.

Authorizes appropriations for FY 1988.