Fair and Accountable IHS Recompense Act of 2014 or the FAIR Act - Requires the annual report on the implementation of the Indian Self-Determination and Education Assistance Act to be made available to the public.
Amends the Act to presume that in any civil action, claim, or related appeal brought under the Act the deficiency amounts reported to Congress accurately reflect the minimum damages due to any Indian tribe or tribal organization upon whose behalf such civil action, claim, or appeal was filed absent fraud or mathematical error.
Bars any of the funds awarded in such a case from being allocated for or used to pay attorney fees until: (1) the fees are documented and charged at reasonable hourly rates, and (2) the required documentation has been made available to specified congressional committees and the public.