Intelligence Community Leadership Act of 2003

Intelligence Community Leadership Act of 2003 - Amends the National Security Act of 1947 to establish the Office of the Director of National Intelligence to be composed of: (1) a Director and Deputy Director of National Intelligence; (2) a Deputy Director of National Intelligence for Community Management; (3) a National Intelligence Council; (4) three Assistant Directors for National Intelligence for Collection, Analysis and Production, and Administration; (5) a General Counsel to the Director; (6) an Inspector General of the Intelligence Community; and (7) the Office of the National Counterintelligence Executive. Includes among the Director's responsibilities: (1) providing national intelligence to the President, the heads of Federal departments and agencies, the Chairman of the Joint Chiefs of Staff and senior military commanders, and, where appropriate, Congress; (2) developing an annual budget for intelligence and intelligence-related activities; and (3) establishing requirements and priorities to govern the collection of national intelligence by elements of the intelligence community.

Recodifies provisions establishing the Central Intelligence Agency (CIA), designating as its lead official the Director of the Central Intelligence Agency (currently, the Director of Central Intelligence) and removing provisions which established specified CIA deputy and assistant director positions. Prohibits an individual from serving simultaneously as Director of National Intelligence and Director of the Central Intelligence Agency.

Expresses the sense of Congress that the Director should be a cabinet-level official.

Provides Executive Schedule pay levels for the newly-established Director, Deputy Director, and Assistant Director positions.