To extend the coverage of certain Federal labor laws to foreign flagships.

Extends, for a five-year period, coverage under the National Labor Relations Act and the Fair Labor Standards Act of 1938 to certain foreign vessels which: (1) regularly engage in transporting passengers from and to a place in the United States, with or without intervening stops at foreign ports, including a vessel regularly engaged in transporting passengers only from or to a place in the United States if the Secretary of Labor determines that such transport is so arranged for the purposes of avoiding certain consequences that would otherwise result; (2) regularly engage in transporting liquid or dry bulk cargo in the foreign trade of the United States if it is owned or controlled, directly or indirectly, by a U.S. corporation; and (3) produce or process goods or services for sale or distribution in the United States, and a vessel that engages in transporting cargo between vessels in international waters and a vessel, port, or place in the United States regardless of the vessel's ownership or control.

Establishes the Commission on Compliance and Enforcement to study and report to the Congress on specified effects of this Act and problems with compliance and enforcement, within 30 months after enactment of this Act. Terminates the Commission 30 days after its report.