National Education Property Board Act

National Education Property Board Act - Amends the Federal Property and Administrative Services Act of 1949 to establish as an independent establishment a National Education Property Board to: (1) identify and collect information on surplus and excess Federal personal property available from Federal agencies; (2) make such property available to the education community; (3) establish an information dissemination strategy; (4) provide technical assistance to property managers in participating government agencies; (5) develop a method of direct transfer of property from the Federal agency to the receiving educational institution; (6) develop a method to provide a Federal agency with the option to directly transfer surplus or excess personal property by loan, grant, or education donation slip; (7) oversee that transfers shall not be competitive and shall be at the discretion of the designated education authority at the respective Federal agency; (8) facilitate the disposal of all applicable surplus and excess personal property to educational institutions; and (9) report annually to the President and the Congress as specified.

Authorizes the Board to make surplus and excess personal property, which would otherwise be made available to educational institutions through State agencies, directly available to educational institutions. Authorizes appropriations.