National Foundation on the Arts and Humanities Privatization Act of 1995

[AI summary unavailable — showing source text] The National Foundation on the Arts and Humanities Privatization Act of 1995 - Amends the National Foundation on the Arts and the Humanities Act of 1965 (NFAH Act), the Museum Services Act, and the Arts and Artifacts Indemnity Act to privatize the National Foundation on the Arts and the Humanities (NFAH) over a five-year period and transfer certain related functions. (Sec. 2) Amends the NFAH Act to extend through FY 1999 the authorizations of appropriations for the National Endowment for the Arts (NEA) and the National Endowment for the Humanities (NEH). Reserves specified portions of such annual appropriations to support private fundraising activities of NEA and NEH. Limits administrative expenditures. (Sec. 3) Repeals the NFAH Act as of September 30, 1999. Amends the Museum Services Act and the Arts and Artifacts Indemnity Act to reflect such repeal of the NFAH Act. Directs the Chairpersons of NEA and of NEH and the Director of the Institute of Museum Services to jointly prepare and submit to the Congress recommended legislation containing other technical and conforming amendments to reflect such repeal. (Sec. 4) Transfers to the Institute of Museum Services all functions that th…