Resources and Conservation Act

Resources and Conservation Act - Requires the President to annually transmit a Resources and Conservation Report to Congress setting forth: (1) the condition of natural resources with particular reference to attainment of the optimum multiple purpose use of such resources; (2) current and foreseeable trends in the management and utilization of natural resources; (3) the adequacy of available resources for fulfilling human, economic, and national security requirements of the Nation; (4) a review of all conservation programs; (5) the extent of United States dependence or imports for critical minerals and metals; and (6) a program to assure adequate resources for the country's needs and to provide for the development, conservation and use of natural resources.

Establishes within the Executive Office of the President a Council of Resources and Conservation Advisers to assist the President in the preparation of such report, and to advise the President on matters regarding natural resources development and conservation. Authorizes appropriations in such amounts as may be necessary to enable the Council to perform its duties under this Act. Authorizes appropriations of $2,000,000 annually for salaries for the members, officers, and employees of the Council.

Establishes a Joint Committee on Resources and Conservation to make a continuing study of matters relating to the Resources and Conservation Report and to file annual reports with the Senate and House of Representatives containing its findings and recommendations with respect to each of the main recommendations made by the President in the Report. Authorizes appropriations of up to $600,000 to fund the activities of the Joint Committee.