To provide for the management of portions of the Presidio under the jurisdiction of the Secretary of the Interior.

[AI summary unavailable — showing source text] Authorizes the Secretary of the Interior to utilize the resources of the Presidio in California to provide for and support programs and activities that foster research, education, or demonstration projects and that relate to the environment, energy, transportation, international affairs, arts and cultural understanding, health, and science. Grants the Secretary authority to: (1) negotiate and enter into specified interagency agreements and leases for the use of property within the Presidio; and (2) retain the proceeds from leases under this Act and from concession and other use authorizations and services provided by the Golden Gate National Recreation Area for five years or until the leased property is transferred to the Presidio Trust (established by this Act). Establishes within the Department of the Interior the Presidio Trust to manage the leasing, maintenance, rehabilitation, repair, and improvement of property within the Presidio which is transferred to the Trust by the Secretary. Directs the Secretary to transfer to the Trust, subject to specified requirements, a leasehold in the Letterman-LAIR complex, Fort Scott, Main Post, Cavalry Stables, Presidio Hill, Wherry Housing, …