Salmon Economic Analysis and Planning Act - Requires the Secretary of Commerce to enter into an arrangement with the National Academy of Sciences for scientific analysis of federal salmon protection, restoration, and recovery actions. Requires such analysis to include: (1) the biological effectiveness of current recovery actions for Columbia and Snake River Basin salmon and steelhead populations; (2) a comparison of the effectiveness of salmon recovery actions; and (3) an identification of limiting factors and global climate change on salmon recovery actions.
Requires the Comptroller General to study the potential effects and costs of partially and fully removing the four lower Snake River dams, including those on: (1) the economy of surrounding communities; (2) freight transportation; (3) irrigation; (4) energy production; and (5) the extinction of salmon and steelhead populations in the Snake River.
Requires the Comptroller General to study the accuracy of the engineering costs associated with dam removal as determined by the February 2002 Army Corps of Engineers Lower Snake River Juvenile Salmon Migration Feasibility Report/Environmental Impact Statement.