Oceans Act of 1997

Oceans Act of 1997 - Directs the President to develop and maintain a coordinated, comprehensive, and long-range national policy on ocean and coastal activities and, regarding Federal agencies and departments, to review ocean and coastal activities, plan and implement an integrated and cost-effective program of ocean and coastal activities, designate responsibility for funding and conducting ocean and coastal activities, and ensure cooperation and resolve differences arising from laws and regulations.

(Sec. 5) Establishes the National Ocean Council to serve as the forum for developing a policy and program, improve coordination and cooperation among Federal agencies, work with academic, State, industry, public interest, and other groups, and cooperate with the Secretary of State.

(Sec. 6) Establishes the Commission on Ocean Policy, requiring it to report to the President and the Congress on a comprehensive national ocean and coastal policy to carry out the purpose and objectives of this Act. Authorizes appropriations.

(Sec. 7) Requires the Council to report to the Congress biennially and to annually provide general guidance to each Federal agency or department involved in coastal activities regarding the preparation of appropriations requests. Requires each such agency or department to include with its annual appropriations request a report identifying budget elements relating to ocean and coastal activities and specifying how each element contributes to the implementation of a national ocean and coastal policy. Directs the President to identify in each budget submitted to the Congress those elements of each agency or department that contribute to the implementation of a national ocean and coastal policy.

(Sec. 8) Repeals the Marine Resources and Engineering Development Act of 1966.