A bill to require the preparation of community economic adjustments plans before the closure or realignment of military installations under base closure laws.

Prohibits the Secretary of Defense from closing or realigning a military installation under a base closure law until a community economic adjustment plan is prepared. Outlines provisions concerning plan preparation and requirements. Authorizes the Secretary to provide assistance to a State or local government or organization for preparation of such plan through grants or cooperative arrangements. Requires each plan to include: (1) a proposal for utilizing a portion of such installation for non-defense purposes, if economically feasible; or (2) a detailed explanation if no portion is determined appropriate for non-defense purposes.