§182e Library of Congress National Collection Stewardship Fund

Summary

Creates a Treasury account called the "Library of Congress National Collection Stewardship Fund" for the Librarian of Congress. The Fund is made up of amounts the Librarian transfers from available money appropriated for any fiscal year to the Library of Congress under the heading "Salaries and Expenses." The Librarian may use the Fund to prepare Library materials for long-term storage and may give money to the Architect of the Capitol to design, build, upgrade, equip, or lease preservation and storage facilities (under section 1823a). Money in the Fund stays available until spent. The Librarian must send a joint report on the Fund to the Joint Committee on the Library and the House and Senate Appropriations Committees not later than 180 days after the end of each fiscal year. Not later than 6 months after May 5, 2017, the Librarian must send a plan for Fund spending for the first five fiscal years to the same committees. Before any transfer into the Fund, the Librarian must notify those committees of the amount and source. The rules apply to fiscal year 2017 and each fiscal year after.