Improved Hurricane Tracking and Forecasting Act of 2007 - Directs the Administrator of the National Oceanic and Atmospheric Administration (NOAA) to carry out a program for an improved ocean surface winds vector satellite for purposes including: (1) to address science and application questions related to air-sea interaction and coastal circulation; (2) to improve forecasting for hurricanes, coastal winds and storm surge, and other weather-related disasters; (3) to ensure continuity of quality for satellite ocean surface vector wind measurements so that existing weather forecasting and warning capabilities are not degraded; and (4) to advance satellite ocean surface vector wind data capabilities.