A joint resolution to direct the President to report on the status of implementation of the recommendations of the President's Commission on Industrial Competitiveness.

Requires the President, by the later of 60 days after enactment of this Act or August 1, 1986, to report to the Congress on: (1) the status of implementation of the recommendations of the President's Commission on Industrial Competitiveness; and (2) future plans for implementation of such recommendations.