Volunteer Sky Marshal Act of 2001

Volunteer Sky Marshal Act of 2001 - Amends Federal aviation law to direct the Under Secretary of Transportation for Security of the Transportation Security Administration to establish a program to permit Federal, State, and local law enforcement officers to be trained to participate in the Federal air marshal program as volunteers. Authorizes the Under Secretary to allow officers participating in the program to carry a weapon while aboard a passenger aircraft. Requires an air carrier to provide seating for such officer at no cost to the U.S. Government or officer, and mileage in cases where the air carrier has a frequent flyer program.