National Parks Capital Improvements Act of 2001

National Parks Capital Improvements Act of 2001 - Authorizes the Secretary of the Interior to enter into a memorandum of agreement with an entity to act as an authorized fund raising organization for the benefit of the Grand Canyon National Park and any other national park designated by the Secretary that has an approved general management plan with capital needs in excess of $5 million. Requires the organization to issue taxable bonds in return for a park surcharge or set-aside.

Authorizes the Secretary to set aside up to $2 per person from park entrance fees, or to assess an additional $2 per person, to secure bonds for park capital improvements.