National Telecommunications Consumers Board Act

National Telecommunications Consumers Board Act - Expresses the intent of Congress that the effective representation of U.S. residential telephone consumers before public forums shall be accomplished by the creation of a private nonprofit Corporation which shall represent solely the interests of residential telephone consumers before such forums.

Divides the United States into 15 districts for purposes of this Act. Permits the districts to be amended.

Authorizes the creation of a nonprofit residential telecommunications consumer Corporation. Sets forth the membership, duties, powers, and rights of the Corporation.

Requires each regulatory agency to notify the Corporation of each of its proceedings unless it reasonably determines that the proceedings will not affect the interests of residential telephone consumers. Sets forth the rights of the Corporation to participate in such proceedings.

Sets forth the methods of funding the Corporation. Authorizes the Corporation to furnish each U.S. exchange or interexchange carrier with materials explaining the Corporation and explaining how consumers can contribute to it. Requires the carriers to include such materials with customer billing to its residential telephone consumers.

Creates the National Telecommunications Consumers Board Account in each carriers' system of accounts to contain contributions to the Corporation. Requires the carriers to transfer to the Corporation each month the contents of the Account and the names of contributors. Requires the Corporation to reimburse the carriers for reasonable costs incurred in excess of the carriers' normal costs. Sets forth the methods of settling disputes between the Corporation and the carriers.

Prohibits the carriers from penalizing contributors to the Corporation or from hindering the Corporation's collection of contributions. Sets fines and imprisonment penalties for violating such prohibitions. Requires the list of contributors to be kept confidential unless the Corporation determines the list will be used to conduct Corporation business and gives written permission to use the list.

Requires Members of Congress to appoint an Interim Board of Directors of the Corporation to serve until the first elected directors are installed in office.

Sets forth the qualifications of and the method of electing the Corporation's board of directors. Provides for removal of directors after the filing of a petition of no confidence.

Sets forth general provisions covering the composition, duties, and methods of electing members of the Board and officers of the Corporation.

Requires an annual meeting of the membership of the Corporation. Prohibits specified corrupt practices and conflicts of interest.