Hunger Emergency Assistance and Relief Trust Act of 1986

Hunger Emergency Assistance and Relief Trust Act of 1986 - Amends the Internal Revenue Code to allow individuals to direct that all or part of their income tax refunds be contributed to the Hunger Emergency Assistance and Relief Trust.

Establishes within the Treasury such Hunger Emergency Assistance and Relief Trust (trust fund). Appropriates to the trust fund revenues equivalent to those designated by individual taxpayers.

Sets forth standards and procedures for the distribution of trust fund amounts to qualified hunger relief services organizations. Limits the amount such organizations can pay for administrative expenses to ten percent of amounts received from the trust fund. Prohibits organizations receiving funds from: (1) failing to match payments; (2) failing to properly use payments; (3) incurring excessive administrative expenses; and (4) not complying with certain Hunger Commission requests. Authorizes the Hunger Commission to inform State attorneys general of possible State law violations by organizations.

Establishes a Hunger Commission to administer the distribution of funds to qualified hunger relief services organizations. Sets forth standards and procedures for the administration of such Commission.