A bill to recognize the 50 years of extraordinary and selfless public service of Herbert Hoover, including his many great humanitarian endeavors, his chairmanship of two Commissions of the Organization of the Executive Branch, and his service as 31st President of the United States, and in commemoration of the 100th anniversary of his birth on August 10, 1974, by providing grants to the Hoover Institution on War, Revolution and Peace.

[AI summary unavailable — showing source text] Authorizes the Secretary of the Treasury to make grants to the Hoover Institution on War, Revolution, and Peace at Stanford University, Stanford, California, on condition that the funds will be used for the construction of a new building, for the equipment of such building, and for the establishment of a capital fund administered by the Hoover Institution, the income from which shall be used for the purchase and processing of books and other documents for the library of the Hoover Institution. Authorizes to be appropriated to the Secretary of the Treasury for making grants under this Act amounts in which the aggregate will not exceed gifts, bequests, and devises of money, securities, and other property, made to the Hoover Institution on War, Revolution, and Peace after the date of enactment of this Act, except that the aggregate amount so appropriated shall not exceed $5,000,000.…