Immigrant Accountability Act of 2007

Immigrant Accountability Act of 2007 - Amends the Immigration and Nationality Act establish a points-based process for qualifying aliens unlawfully in the United States as of January 7, 2004, to be granted permanent resident status.

Provides that a qualifying alien applicant: (1) who has passed security and criminal checks shall be issued a conditional resident orange card under which the alien shall be granted employment authorization pending final permanent resident status adjudication; and (2) with an orange card who has earned at least 65% of the base points under this Act shall have his or her status adjusted to permanent resident.

Requires an alien adjusting to permanent resident status to: (1) satisfy physical presence and admissibility requirements; (2) pay appropriate fees, fines, and taxes; (3) demonstrate basic citizenship skills; and (4) register for selective service if otherwise required. (States that an alien may be required to undergo a medical examination.)

Sets forth the following base point categories: (1) U.S. employment; (2) U.S. presence; (3) education; (4) family relations; (5) English language ability; and (6) contributions to society.

Sets forth provisions respecting: (1) status adjustment for spouses and children; (2) grounds of inadmissibility; (3) confidentiality of information; (4) penalties for false application information; (5) public benefits; and (6) removal.

Makes orange card holders eligible for Army or Air Force enlistment.