Pacific Partnership Act This bill establishes requirements related to U.S. engagement with the Pacific Islands region. Specifically, the bill requires the President to periodically develop and submit to Congress a Strategy for Pacific Partnership, including overarching goals for U.S. engagement in the Pacific Islands region; extends certain diplomatic immunities to the Pacific Islands Forum; requires the President to report to Congress on the implementation of the Strategy for Pacific Partnership; and expresses that the President should consult and coordinate with allies and partners in the Pacific Islands region with respect to programs that provide assistance to the region.