Joint Committee on Intelligence Operations Act

Joint Committee on Intelligence Operations Act - Establishes a Congressional Joint Committee on Intelligence Operations to conduct continuing oversight of, and to exercise exclusive legislative jurisdiction over, the foreign intelligence activities of: (1) the Central Intelligence Agency; (2) the Defense Intelligence Agency; (3) the National Security Agency; (4) the Bureau of Intelligence and Research; (5) Army, Navy, and Air Force Intelligence; and (6) other agencies to the extent that such agencies engage in foreign intelligence activities.

Requires that the Director of Central Intelligence must keep the joint committee fully informed with respect to all foreign intelligence activities of the United States.

Sets forth the administrative powers of the joint committee. Charges the joint committee with the establishment of guidelines for the classification of information originating with the joint committee. Prescribes penalties for the public release of classified materials by any congressional officer, employee of the joint committee, or former congressional officer or employee of the joint committee.

Requires that no nonintelligence gathering operation, under the Foreign Assistance Act of 1961, may be conducted until 30 days after the President reports such operation to the joint committee, unless it is essential to national security that such operation begin immediately. Ceases all such operations which at any time are disapproved by the joint committee.