To amend the Internal Revenue Code of 1986 to allow taxpayers to designate income tax overpayments as contributions to the United States Library Trust Fund.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``United States Library Trust Fund Act''.
SEC. 2. UNITED STATES LIBRARY TRUST FUND.
(a) Designation of Overpayments as Contributions to United States Library Trust Fund.--Subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended by adding at the end the following new part:
``PART IX--DESIGNATION OF OVERPAYMENTS AS CONTRIBUTIONS TO UNITED STATES LIBRARY TRUST FUND
``Sec. 6097. Designation.
``SEC. 6097. DESIGNATION.
``(a) In General.--Every taxpayer who makes a return of the tax imposed by subtitle A for any taxable year may designate that a specified portion (not less than $1) of the amount of any overpayment of tax for such taxable year shall be paid over to the United States Library Trust Fund in accordance with the provisions of section 9512. ``(b) Manner and Time of Designation.--A designation under subsection (a) may be made with respect to any taxable year-- ``(1) at the time of filing the return of the tax imposed by chapter 1 for such taxable year, or ``(2) at any other time (after the time of filing the return of the tax imposed by chapter 1 for such taxable year) specified in regulations prescribed by the Secretary. Such designation...