National Productivity Councils Act

National Productivity Councils Act - Declares the finding of the Congress that in view of the continuing rapid increase in inflation, and the recent decline in productivity, it is necessary to focus attention at the regional and industry level on the need to increase productivity.

Authorizes the Secretary of Labor to establish regional and industry productivity councils, to improve productivity in regions and industries.

Directs that the productivity councils shall be composed of representatives of management, labor, and of the public, with expertise in the relevant industry.

Directs that each productivity council shall report to the Secretary of Labor not less than once a year on actions needed to improve productivity. Provides that the reports of the productivity councils shall be made available to the National Commission on Productivity and Work Quality, to Congress, and the public.

Directs that the productivity councils shall consult regularly with the National Commission on Productivity and Work Quality and the Council on Wage and Price Stability, and shall make recommendations on productivity to further the work of such Commission and such Council.

Authorizes to be appropriated not to exceed $50,000,000 to carry out the provisions of this Act.