SECTION 1. PRESERVATION AND RESTORATION OF HISTORIC BUILDINGS AND 
              STRUCTURES AT HISTORICALLY BLACK COLLEGES AND 
              UNIVERSITIES.

    Title V of the Omnibus Parks and Public Lands Management Act of 
1996 (Public Law 104-333; 1110 Stat. 4153) is amended by striking 
section 507 and inserting the following:

``SEC. 507. PRESERVATION AND RESTORATION OF HISTORIC BUILDINGS AND 
              STRUCTURES AT HISTORICALLY BLACK COLLEGES AND 
              UNIVERSITIES.

    ``(a) Purposes.--The purposes of this section are--
            ``(1) to identify historic buildings and structures at 
        historically black colleges and universities that are in need 
        of preservation and restoration; and
            ``(2) to provide grants to historically black colleges and 
        universities to preserve and restore those buildings and 
        structures.
    ``(b) Definitions.--In this section:
            ``(1) Historically black college or university.--The term 
        `historically black college or university' has the meaning 
        given the term `part B institution' in section 322 of the 
        Higher Education Act of 1965 (20 U.S.C. 1061).
            ``(2) Historic building or structure.--The term `historic 
        building or structure' means a building or structure listed, or 
        eligible to be listed, on the National Register of Historic 
        Places.
            ``(3) Secretary.--The term `Secretary' means the Secretary 
        of the Interior, acting through the Director of the National 
        Park Service.
    ``(c) Establishment.--The Secretary shall establish a program to 
provide for the preservation and restoration of historic buildings and 
structures at historically black colleges and universities.
    ``(d) Assessment.--Not later than 1 year after the date of 
enactment of this Act, the Secretary, through the National Trust for 
Historic Preservation, shall--
            ``(1) assess all historic buildings and structures located 
        at historically black colleges and universities;
            ``(2) obtain an independent estimate of the complete cost 
        of restoring, renovating, or rehabilitating the historic 
        buildings or structures (including the cost of compliance with 
        applicable laws (including regulations) relating to handicapped 
        access to the buildings or structures); and
            ``(3) determine the fiscal capacity of each historically 
        black college or university to complete the restoration, 
        renovation, or rehabilitation of the historic buildings and 
        structures, including the ability of the historically black 
        college or university to provide the non-Federal share under 
        subsection (f)(1).
    ``(e) Grants.--
            ``(1) In general.--Not less often than once each fiscal 
        year, the Secretary shall award not less than 15 grants to 
        historically black colleges and universities to pay the Federal 
        share of the cost of restoring, renovating, or rehabilitating 
        historic buildings and structures located on the campuses of 
        historically black colleges and universities.
            ``(2) Amount.--
                    ``(A) In general.--The amount of a grant under 
                paragraph (1) shall be equal to the difference 
                between--
                            ``(i) the amount required to restore, 
                        renovate, or rehabilitate the historic building 
                        or structure; and
                            ``(ii) unless the non-Federal share is 
                        waived under subsection (f)(2), the amount of 
                        the non-Federal share required under subsection 
                        (f)(1).
                    ``(B) Limitation.--The amount of a grant determined 
                under subparagraph (A) shall not exceed the cost of 
                completing the restoration, renovation, or 
                rehabilitation of a historic building or structure.
            ``(3) Considerations.--In awarding grants under paragraph 
        (1), the Secretary shall consider, based on the assessment 
        under subsection (d), the relative severity of the threat to 
        the historic value and status of the historic building or 
        structure, including--
                    ``(A) the extent of the physical deterioration of 
                the historic building or structure because of lack of 
                use or inadequate maintenance;
                    ``(B) the demand for use of the historic building 
                or structure, or the land on which the historic 
                building or structure is located, because of--
                            ``(i) encroachment from the surrounding 
                        community; or
                            ``(ii) the need to expand the campus of the 
                        historically black college or university; and
                    ``(C) the extent of the lack of resources necessary 
                to assess the need for, and to pay the cost of, 
                restoration, renovation, or rehabilitation of historic 
                buildings or structures located on the campus of the 
                historically black college or university.
            ``(4) Conditions.--As a condition of the receipt of a grant 
        for a historic building or structure under paragraph (1), a 
        grant recipient shall agree--
                    ``(A) that, for a period of time specified by the 
                Secretary--
                            ``(i) no alteration shall be made to the 
                        historic building or structure without the 
                        approval of the Secretary;
                            ``(ii) reasonable public access to the 
                        historic building or structure restored, 
                        renovated, or rehabilitated using grant funds 
                        shall be permitted by the grant recipient for 
                        interpretive and educational purposes; and
                            ``(iii) the grant recipient shall not 
                        receive any other funds under the National 
                        Historic Preservation Act (16 U.S.C. 470 et 
                        seq.); and
                    ``(B) to provide the non-Federal share required 
                under subsection (f)(1) unless the requirement is 
                waived under subsection (f)(2).
    ``(f) Cost Sharing.--
            ``(1) Non-federal share.--The non-Federal share of the cost 
        of a project to restore, renovate, or rehabilitate a historic 
        building or structure under this section shall be 30 percent.
            ``(2) Waiver.--
                    ``(A) In general.--In a case in which the 
                historically black college or university does not have 
                an endowment or has an endowment of less than 
                $50,000,000, the Secretary shall waive the non-Federal 
                share required under paragraph (1).
                    ``(B) Applicability.--Subparagraph (A) shall apply 
                to any grant provided to a historically black college 
                or university under this section after November 12, 
                1996.
    ``(g) Funding.--
            ``(1) In general.--Of funds of the Historic Preservation 
        Fund established by section 108 of the National Historic 
        Preservation Act (16 U.S.C. 470h), $60,000,000 shall be made 
        available to the Secretary to carry out this section for fiscal 
        year 2003 and each fiscal year thereafter.
            ``(2) Allocation.--Of amounts made available under 
        paragraph (1) for a fiscal year, the Secretary shall make a 
        grant to each historically black college or university, in 
        order of priority based on the assessment under subsection (d), 
        in an amount determined under subsection (e)(2).''.
Amends the Omnibus Parks and Public Lands Management Act of 1996 to direct the Secretary of the Interior, acting through the Director of the National Park Service, to establish a program to preserve and restore historic buildings and structures at historically black colleges and universities (institutions).Requires the Secretary, through the National Trust for Historic Preservation, to: (1) assess all such buildings and structures; (2) obtain an independent estimate of the complete cost of restoring them; and (3) determine the fiscal capacity of each institution to complete the restoration.Instructs the Secretary: (1) to award up to 15 grants each fiscal year to pay the Federal share of the cost of restoring such buildings and structures; and (2) in awarding such grants, to consider the relative severity of the threat to such a building's or structure's historic value and status.Requires grant recipients to agree to provide the non-Federal share and, for a period specified by the Secretary, to: (1) make no alteration to the building or structure without the Secretary's approval; (2) allow public access to the restored building or structure for interpretive and educational purposes; and (3) not receive other funds under the National Historic Preservation Act.Requires the non-Federal share of a project's cost to be 30 percent. Waives such non-Federal share for an institution that does not have an endowment or that has an endowment of under $50 million. Applies such waiver to any grant provided to an institution after November 12, 1996.
A bill to provide for the preservation and restoration of historic buildings and structures at historically black colleges and universities.