Definition: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Input: SECTION 1. SHORT TITLE.

This Act may be cited as the ''National Coast Guard Museum Act of
2001''.

SEC. 2. FINDINGS.

The Congress finds the following:
(1) There is no national museum to commemorate and honor
the Coast Guard's history, mission, personnel, and traditions
or those of its predecessor services and agencies.
(2) There should be established a National Coast Guard
Museum to commemorate the 210 years of national maritime and
military history of the Coast Guard and its predecessor
services and agencies.

SEC. 3. DEFINITIONS.

In this Act:
(1) Association.--The term ''Association'' means the
National Coast Guard Museum Association (a nonprofit
corporation established under the laws of the State of
Massachusetts), or a similar organization.
(2) Museum.--The term ''Museum'' means the National Coast
Guard Museum established under sections 4(a).
(3) Commandant.--The term ''Commandant'' means the
Commandant of the Coast Guard.
(4) Fund.--The term ''Fund'' means the National Coast Guard
Museum Fund established under section 5(a).

SEC. 4. NATIONAL COAST GUARD MUSEUM.

(a) Establishment.--The Commandant may, in accordance with this
section, establish, operate, and maintain a National Coast Guard Museum
on Federal lands that are administered by the Coast Guard and specified
by the Commandant.
(b) Construction.--
(1) License.--The Commandant may grant a license to the
Association authorizing the Association to construct facilities
for the Museum on the land specified under subsection (a).
(2) Terms.--The license under this subsection shall include
terms that establish the following:
(A) Upon completion of construction of facilities
under the license, the Association shall donate such
facilities, including any associated improvements,
fixtures, and related personal property, as a gift to
Coast Guard.
(B) The United States shall have no responsibility
for project management.
(C) The Association shall be responsible for
preparation of the design and plans for facilities
constructed under the license, except that the design
and plans shall be subject to the approval of the
Commandant
(3) Funding.--(A) The Commandant shall not allow
construction of facilities for the Museum to begin, and may not
provide any Federal funds for that construction, unless the
Commandant determines that sufficient amounts, not less than
$10,000,000, are available from non-Federal sources to complete
construction of the Museum in accordance with the design and
plans approved under paragraph (2)(C).
(B) For the purposes of constructing the Museum, and
subject to the availability of appropriations, the Commandant
may transfer to the Association up to $10,000,000.
(C) The Commandant shall require that amounts transferred
under subparagraph (B) that are not expended on the
construction of the Museum shall be returned to the Coast Guard
and deposited into the Fund.
(4) Liability.--The United States shall not be liable for
any act or omission relating to construction under the license.
(c) Commandant's Authorities.--Notwithstanding any other provision
of law, in connection with the establishment, operation, and
maintenance of the Museum, the Commandant may--
(1) rent or lease space within the Museum for gift shops,
food concessions, meeting or special event spaces, and similar
purposes or activities, under such terms and conditions, and
for such periods of time, as the Commandant considers
appropriate;
(2) accept, hold, administer, and, without further Act of
appropriation, spend any gift, devise, or bequest of real or
personal property (including funds) that is made on the
condition that it be used for the benefit of, or in connection
with the establishment, operation, or maintenance of, the
Museum;
(3) pay necessary expenses in connection with the
conveyance or transfer of any such gift, devise or bequest; and
(4) perform other acts as the Commandant deems reasonable
and appropriate.
(d) Treatment of Gifts.--For the purposes of Federal income,
estate, and gift taxes, property that is accepted under subsection
(c)(2) shall be considered as a gift, devise, or bequest to or for the
use of the United States.

SEC. 5. NATIONAL COAST GUARD MUSEUM FUND.

(a) Establishment.--There is established in the Treasury a separate
account that shall be known as the ''National Coast Guard Museum
Fund''.
(b) Contents.--The Fund shall consist of the following:
(1) Gifts, devises, and bequests of funds accepted under
section 4(c)(2).
(2) Amounts received by the United States from the rental
or leasing of space within the Museum under section 4(a).
(3) Interest credited under subsection (d).
(4) Amounts deposited under section 4(b)(3)(C).
(c) Use.--The Commandant may make disbursements from the Fund for
the establishment, operation, or maintenance of the Museum, without
further Act of appropriation and without fiscal year limitation.
(d) Investment.--
(1) In general.--Upon request of the Commandant, the
Secretary of the Treasury may invest amounts in the Fund in
securities of, or in securities whose principal and interest
are guaranteed by, the United States Government.
(2) Interest.--The interest and profits accruing from
investments under this subsection shall be deposited to the
credit of the Fund.
Output:
National Coast Guard Museum Act of 2001 - Authorizes the Commandant of the Coast Guard to establish, operate, and maintain a National Coast Guard Museum on Federal lands that are administered by the Coast Guard and specified by the Commandant.Establishes in the Treasury the National Coast Guard Museum Fund.