A bill to amend the act entitled "An act to provide for the construction, alteration, and acquisition of public buildings of the Federal Government, and for other purposes," to authorize a national competition for proposals to redesign the L'Enfant designed portion of the Nation's Capitol to meet the country's demands for the Federal City for the next 100 years, and for other purposes.

Establishes, under the National Capital Planning Commission, a national competition to develop proposals of innovative designs for the L'Enfant-designed part of the National Capital for the next hundred years. States that any person in the United States may enter the competition.

Provides that the National Capital Planning Commission shall conduct the competition in two phases. States that in the first phase, the panel of judges appointed under this Act shall review the proposals, which shall be submitted in such form as the National Capital Planning Commission shall prescribe. Requires the panel of judges to select the five most promising proposals, based on the criteria set forth under this Act.

States that in the second phase of competition each of the applicants submitting the five proposals selected by the judges shall submit a grand design plan and a model constructed to an appropriate scale. Directs the judge to rank the five proposals and report their ranking to the President who shall announce the results of the competition to the public and present the winners with their awards.

Sets forth the number and qualifications of the judges to be appointed under this Act. Establishes an advisory council to assist with technical advice the panel of judges.

Authorizes the National Capital Planning Commission to make grants to each of the five applicants whose proposals are found promising in order to enable such applicants to develop their plans and models. Authorizes the President to award a prize of $250,000 to the applicant whose plan is judged first in excellence under this Act.