(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Authorizes the Librarian of Congress to dispose of surplus or obsolete personal property of the Library of Congress by interagency transfer, donation, sale, trade-in, or other appropriate method.
Requires proceeds from such disposition to be: (1) credited to the funds available for the Library's operations; and (2) made available to acquire the same or similar property during the fiscal year in which the amounts are received, including the following fiscal year.