Integrated Space Launch Policy Act of 2014 - Directs the Secretary of Defense (DOD) and the Administrator of the National Aeronautics and Space Administration (NASA) to jointly, in coordination with the National Security Council, the Director of the Office of Science and Technology Policy (OSTP), and the heads of other appropriate agencies, develop the Integrated Federal Space Launch Plan to achieve the effective planning, coordination, and execution of the civilian and national security space launch activities of the federal government in order to ensure that the mission needs of the government for reliable, timely, and affordable access to space are met in a cost-effective manner.
Requires the Secretary and the Administrator to jointly submit the developed plan to Congress.
Directs the Government Accountability Office (GAO) to submit a report to Congress setting forth an assessment of the adequacy of the plan, including the extent to which it includes the launch needs and capabilities of the civilian agencies and the national security agencies of the government.