National Women's Business Council Reauthorization Act of 1997

National Women's Business Council Reauthorization Act of 1997 - Amends the Women's Business Ownership Act of 1988 to increase and extend through FY 2000 the authorization of appropriations under such Act.

Directs the National Women's Business Council to: (1) study and report to the small business committees and the President on the award of Federal prime contracts and subcontracts to women-owned small businesses; (2) submit a report on the best practices of Federal agencies and the private sector in attracting women-owned businesses as prime contractors and subcontractors; (3) develop and disseminate to women business owners an annual survey to determine issues of significance to such owners; and (4) submit survey results to such committees and the President. Authorizes appropriations for FY 1998 through 2000 for such activities.