To amend the Act of August 30, 1890 (commonly known as the Second Morrill Act), to remove language purporting to permit racial segregation in land-grant colleges that receive funds under that Act.

Amends Federal Law (popularly known as the Agricultural College Act of 1890 and also as the Second Morrill Act) to require that, if any State or Territory has more than one college which is entitled to receive an annual payment under land grant college provisions, the payments must be equitably divided among the colleges, as proposed by the State or Territorial legislature and approved by the Secretary of Agriculture. (Current law replaced by this provision prohibits payments to colleges where admission distinctions are made on the basis of race or color, but allows payments to separate colleges or educational institutions for white and colored students so long as the payments are equitably divided.)