Presidential Libraries Act of 1986

[AI summary unavailable — showing source text] Requires the Archivist of the United States to include in any report to the Congress on a proposed presidential archival depository a certification that any building or equipment offered as a gift or made available without transfer of title for such depository complies with the minimum standards relating to suitability for archival purposes. Authorizes the Archivist to solicit gifts or bequests of money or other property for a depository. Requires the proceeds of such gifts or bequests to be deposited into an account in the National Archives Trust Fund and expended for the same purposes and objects for which appropriations for operating, maintaining, protecting, or improving such depository might be expended. Directs the Archivist to provide for the establishment in such Trust Fund of separate endowments for the maintenance of depository land, buildings, and equipment to which shall be credited any gift or bequest offered for that purpose. Restricts the use of the income of such endowments to the payment of the cost of building operations. Prohibits the Administrator from taking title to, or making an agreement to use, any land, building, or equipment for a depository unless there …