Joint resolution providing for renaming the National Cultural Center as the John F. Kennedy Center for the Performing Arts, authorizing an appropriation therefor, and for other purposes
PL 88-260 (S.J.Res.136), enacted 01/23/1964

4 
PUBLIC LAW 88-260-jAN. 23, 1964 
[78 STAT. 
Public Law 88-260 
January 23. 1964 
J O I N T RESOLUTION 
[S.J. Res. 136] Providing for renaming the National Cultural Center as the John F. Kennedy 
Center for the Performing Arts, authorizing an appropriation therefor, and 
for other puriwses. 
Whereas the late John Fitzgerald Kennedy served with distinction as 
President of the United States, and as a Member of the Senate and 
House of Representatives; and 
Whereas the late John Fitzgerald Kennedy dedicated his life to the 
advancement of the welfare of mankind; and 
Whereas the late John Fitzgerald Kennedy was particularly devoted 
to the advancement of the performing arts withm the United States; 
and 
Whereas by his untimely death this Nation and the world has suffered 
a great loss; and 
Whereas it is the sense of the Congress that it is only fitting and 
proper that a suitable monument be dedicated to the memory of this 
great leader; and 
^Vhereas the living memorial to be named in his honor by this joint 
resolution shall be the sole national monument to his memory within 
the city of Washington and its environs: Now, therefore, be it 
Resolved hy the Senate and House of Representatives 
of the United 
cint^" ^'r^he"^'^^ /S'to^^s of Amcrica in Congress assembled, That the National Cultural 
Performing Arts. Ceutcr Act (Public Law 85-874; 72 Stat. 1698) is amended as follows: 
Designation. 
(^^ jj^ sectiou 1 by Striking out "National Cultural Center Act" 
and mserting in lieu thereof "John F. Kennedy Center Act"; 
(2) By striking out "National Cultural Center" each place that it 
appears in such Act (including the title of such Act but excluding 
clauses (2) and (3) of subsection (b) of section 2 of such Act) and 
inserting in lieu thereof at each such place the following: "John F. 
Kennedy Center for the Performing Arts"; 
(3)' In section 4— 
(A) by striking out "and" at the end of paragraph (3), 
(B) by striking out "Cultural Center." in paragraph (4) of 
section 4 of such Act and inserting in lieu thereof "John F. 
Kennedy Center for the Performing Arts,", and 
(C) by adding at the end thereof the following: 
"(5) provide within the John F. Kennedy Center for the Per-
forming Arts a suitable memorial in honor of the late President." 
(4) In subsection (c) of section 6 of such Act by inserting immedi-
ately after 
"Smithsonian 
Institution" the following: "and to 
Congress"; 
(5) By adding at the end of section 6 the following new subsection: 
C(!^gres*s!° 
"(^) ^^^ Board shall transmit to Congress a detailed report of any 
memorial which it proposes to provide within the John F. Kennedy 
Center for the Performing Arts under authority of paragraph (5) of 
section 4 oif this Act, and no such memorial shall be provided until the 
Board of Regents of the Smithsonian Institution shall have approved 
such memorial."; and 
(6) By adding at the end thereof the following new sections: 
"APPROPRIATION S 
"SEC. 8. There is hereby authorized to be appropriated to the Board 
for use in accordance with this Act, amounts which in the aggregate 
will equal gifts, bequests, and devises of money, securities, and other 
property, held by the Board under this Act, except that not to exceed 
$1.5.500,000 shall be appropriated pursuant to this section. 
78 STAT. ] 
PUBLIC LAW 88-260-JAN. 23, 1964 
u BORROWING AUTHORITY 
"SEC. 9. To finance necessary parking facilities for the Center, the 
Board may issue revenue bonds to the Secretary of the Treasury 
payable from revenues accruing to the Board. The total face value of 
all bonds so issued shall not be greater than $15,400,000. The interest 
payments on such bonds may be deferred with the approval of the 
Secretary of the Treasury but any interest payments so deferred shall 
themselves bear interest after June 30, 1972. Deferred interest may 
not be charged against the debt limitation of $15,400,000. Such obli-
gations shall have maturities agreed upon by the Board and the 
Secretary of the Treasury but not in excess of fifty years. Such obli-
gations may be redeemable at the option of the Board before maturity 
in such manner as may be stipulated in such obligations, but the 
obligations thus redeemed shall not be refinanced by the Board. Each 
such obligation shall bear interest at a rate determined by the Secretary 
of the Treasury taking into consideration the current average rate on 
current marketable obligations of the United States of comparable 
maturities as of the last day of the month preceding the issuance of 
the obligations of the Board. 
The Secretary of the Treasury is 
authorized and directed to purchase any obligations of the Board to be 
issued under this section and for such purpose the Secretary of the 
Treasury is authorized to use as a public debt transaction the proceeds 
from the sale of any securities issued under the Second Liberty Bond 
Act, as amended, and the purposes for which securities may be issued 
under the Second Liberty Bond Act, as amended, are extended to 
include any purchases of the Board's obligations under this section. 
"GIFTS TO UNITED STATES 
"SEC. 10. The Secretary of the Treasury is authorized to accept on 
behalf of the United States any gift to the United States which he 
finds has been contributed in honor of or in memory of the late 
President John F. Kennedy and to pay the money to such appropria-
tion or other accounts, including the appropriation accounts established 
pursuant to appropriations authorized by this Act, as in his judgment 
will best effectuate the intent of the donor. 
" N A T I O N A L MEMORIAL 
"SEC. 11. The John F. Kennedy Center for the Performing Arts, 
designated by this Act, shall be the sole national memorial to the late 
John Fitzgerald Kennedy within the city of Washington and its 
environs." 
SEC. 2. In addition to the amendments made by the first section of 
this Act, any designation or reference to the National Cultural Center 
in any other law, map, regulation, document, record, or other paper 
of the United States shall be held to designate or refer to such Center 
as the John F. Kennedy Center for the Performing Arts. 
Approved January 23, 1964. 
40 Stat. 288. 
31 u s e 774.