National Laser Institute Act

National Laser Institute Act - Establishes a National Laser Institute to study laser research and technology applications for future civilian and national security uses and to make recommendations to Congress regarding implementation of its findings and the coordination of the efforts of the Federal Government with respect to laser technology. Sets forth the composition and terms of membership of the Institute. States that members of the Institute shall have access to such classified or nonclassified information as is necessary to carry out their responsibilities under this Act.

Directs the Institute to prepare and submit to the President and specified committees of Congress an annual report regarding its activities under this Act. Authorizes appropriations for the purposes of this Act. Terminates the provisions of this Act five years after the date of enactment.