Chesapeake Bay Accountability and Recovery Act of 2014

Chesapeake Bay Accountability and Recovery Act of 2014 - (Sec. 3) Requires the Office of Management and Budget (OMB) to submit to Congress a financial report on restoration activities in the Chesapeake Bay watershed by September 30 of each year. Requires the report to contain: an interagency crosscut budget for federal and state restoration activities that protect, conserve, or restore living resources, habitat, water resources, or water quality in the Chesapeake Bay watershed; an accounting of funds received and obligated by each federal agency for restoration activities during the current and preceding fiscal years; an accounting from Maryland, West Virginia, Delaware, New York, Virginia, Pennsylvania, and the District of Columbia of all funds received and obligated from a federal agency for restoration activities during the current and preceding fiscal years; and a description of each of the proposed federal and state restoration activities to be carried out in the succeeding fiscal year. Requires the report to describe only restoration activities that have funding amounts of at least $300,000 for the first three years and restoration activities that have funding amounts of at least $100,000 thereafter. (Sec. 4) Establishes an Independent Evaluator for the Chesapeake Bay watershed to review and report to Congress every two years on restoration activities and related topics that are suggested by the Chesapeake Executive Council. Sets forth the process for appointment of the Independent Evaluator and the qualifications for the position. (Sec. 5) Provides that no additional funds are authorized to be appropriated to carry out this Act.