To establish a select committee to investigate CIA involvement in the financing, distribution and promulgation of crack cocaine and the use of any proceeds to support the Contras.

Establishes in the House of Representatives the Select Committee to Investigate CIA involvement in Crack Cocaine Sales in South Central Los Angeles to investigate and report to the House on the alleged involvement of the Central Intelligence Agency in: (1) the financing, distribution, and sale of crack cocaine in south central Los Angeles and the surrounding area; and (2) the use of profits from such alleged activities to fund anti-government forces in Nicaragua.