Federal Agency Data-Mining Reporting Act of 2007 - Requires federal agencies to report to Congress on any activity to use or develop data mining to identify terrorist or criminal activity.
Requires that such report be produced in coordination with the agency's privacy officer, be made available to the public (except for an annex containing classified, sensitive, or proprietary information), and include: (1) a through description of data mining activity goals and deployment dates, technology, and data sources; (2) an assessment of the efficacy of the activity in providing accurate information and the impact on individual privacy and civil liberties; (3) an analysis of laws and regulations governing the information being collected; and (4) a through discussion of the policies and procedures to protect individual privacy and due process and to guard against harmful consequences of potential inaccuracies. Requires annual updates, including regarding any new uses or development of data mining activity.