H.R. 6122, a bill to revise the authority of the Library of Congress to accept gifts and bequests on behalf of the Library, and for other purposes

Cost Estimate

As ordered reported by the Committee on House Administration on July 19, 2012

H.R. 6122 would authorize the Librarian of Congress to accept gifts of securities for immediate disbursement, personal property valued at $25,000 or less, and certain services. Under current law, the Librarian can receive and use gifts of money. The bill also would require the Librarian to report annually on accepted gifts that exceed $1,000 in value.