Public Safety Medal of Valor Act

Public Safety Medal of Valor Act- Authorizes the President to award, and present in the name of the Congress, a Medal of Valor to a public safety officer who is cited by the Attorney General, upon the recommendation of the Medal of Valor Review Board, for extraordinary valor above and beyond the call of duty. States that the Public Safety Medal of Valor is the highest national award for valor by a public safety officer.

Establishes a Medal of Valor Review Board to select candidates as recipients of the Medal from among applications received by the National Medal Office.

Establishes within the Department of Justice a National Medal Office to support the Board and, with the Board's concurrence, to establish criteria and procedures for the submission of recommendations of nominees for the Medal.

Authorizes appropriations.

Repeals provisions of the Fire Prevention and Control Act of 1974 establishing the President's Award for Outstanding Public Safety Service and the Secretary of Commerce's Award for Distinguished Public Safety Service.

Directs the Attorney General to: (1) consult with the Institute of Heraldry within the Department of Defense regarding the design and artistry of the Medal of Valor; and (2) consider suggestions received by the Department of Justice regarding the design of the medal, including those made by persons not employed by the Department.