SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Historically Black Colleges and 
Universities Historic Building Restoration and Preservation Act''.

SEC. 2. DEFINITIONS.

    For the purposes of this Act--
            (1) the term ``historically black colleges and 
        universities'' has the same meaning given the term ``part B 
        institution'' in section 322(2) of the Higher Education Act of 
        1965 (20 U.S.C. 1061(2)); and
            (2) the term ``historic building and structures'' means a 
        building or structure that is listed on the National Register 
        of Historic Places or is designated as a National Historic 
        Landmark.

SEC. 3. FINDINGS.

    Congress finds that--
            (1) the Nation's historically black colleges and 
        universities have contributed significantly to the effort to 
        attain equal opportunity through postsecondary education for 
        African-American, low-income, and educationally disadvantaged 
        Americans;
            (2) over the course of our Nation's history, the Federal 
        Government and the States have discriminated in the allocation 
        of land and financial resources to support the institutions, 
        forcing them to rely on the generous support of private 
        individuals and other charitable organizations;
            (3) the development of private and charitable financial 
        support for historically black colleges and universities has 
        resulted in structures and buildings of historic importance and 
        architecturally unique design on the campuses of these 
        institutions; and
            (4) many of the structures and buildings at historically 
        black colleges and universities are national treasures worthy 
        of preservation and restoration for future generations of all 
        Americans and for the students and faculty of the institutions.

SEC. 4. PRESERVATION AND RESTORATION GRANTS FOR HISTORIC BUILDINGS AT 
              HISTORICALLY BLACK COLLEGES AND UNIVERSITIES.

    (a)  Authority To Make Grants.--In fiscal years 1995 through 1998, 
the Secretary of the Interior (referred to in this Act as the 
``Secretary'') shall make grants in accordance with this section to 
historically black colleges and universities for the preservation and 
restoration of historic buildings and structures on the campus of the 
institutions.
    (b)  Grant Conditions.--Grants made pursuant to this section shall 
be subject to the condition that the grantee covenants, for a period of 
time specified by the Secretary that--
            (1) no alteration shall be made to the property with 
        respect to which the grant is made without the concurrence of 
        the Secretary; and
            (2) reasonable public access to the property with respect 
        to which the grant is made shall be permitted by the grantee 
        for interpretive and educational purposes.
    (c)  Matching Requirement For Buildings and Structures Listed on 
The National Register of Historic Places.--
            (1) In general.--Except as provided in paragraph (2), the 
        Federal share of a grant under this section for a building or 
        structure listed on the National Register of Historic Places 
        shall be not more than 50 percent of the cost of the grant 
        project.
            (2) Exception.--The Secretary may waive the cost-share 
        requirement for a grant under this subsection if the Secretary 
        determines that an extreme emergency exists or that a waiver is 
        in the public interest to ensure the preservation of 
        historically significant resources.
    (d) Funding.--
            (1) Source.--The Secretary shall make grants pursuant to 
        this section from amounts made available to carry out the 
        National Historic Preservation Act of 1966 (16 U.S.C. 470 et 
        seq.).
            (2) Limitations.--
                    (A) Fiscal year 1995.--For fiscal year 1995--
                            (i) not more than $20,000,000 may be made 
                        available for a grant under this section; and
                            (ii) of such amounts--
                                    (I) $5,000,000 shall be made 
                                available for grants to Fisk 
                                University; and
                                    (II) $10,000,000 shall be made 
                                available for grants to historically 
                                black colleges and universities 
                                identified for inclusion in the 
                                Department of the Interior Historically 
                                Black College and University Historic 
                                Preservation Initiative.
                    (B) Subsequent years.--For each of fiscal years 
                1996, 1997, and 1998, not more than $15,000,000 may be 
                made available for grants under this section.
    (e) Regulations.--The Secretary shall develop and implement 
regulations to carry out this Act.
Historically Black Colleges and Universities Historic Building Restoration and Preservation Act - Directs the Secretary of the Interior to make grants to historically black colleges and universities for the preservation and restoration of historic buildings and structures on their campuses. 
Requires a grantee to covenant, for the period of time specified by the Secretary, that:  (1) no alteration shall be made to the property with respect to which the grant is made without the concurrence of the Secretary; and (2) reasonable public access to such property shall be permitted for interpretive and educational purposes. 
Limits the Federal share of a grant for a building or structure listed on the National Register of Historic Places to 50 percent of the cost of the grant project.  Authorizes the Secretary to waive the cost-share requirement if an extreme emergency exists or if such a waiver is in the public interest to assure the preservation of historically significant resources. 
Directs the Secretary to make such grants from amounts made available to carry out the National Historic Preservation Act of 1966. 
Limits amounts made available for this Act for FY 1995 through 1998. 
Earmarks funds for FY 1995 for grants to:  (1) Fisk University; and (2) historically black colleges and universities identified for inclusion in the Department of the Interior Historically Black College and University Historic Preservation Initiative.
Historically Black Colleges and Universities Historic Building Restoration and Preservation Act