A bill to recognize the 50 years of extraordinary and selfless public service of Herbert Hoover, including his many great humanitarian endeavors, his chairman of two Commissions of the Organization of the Executive Branch, and his service as 31st President of the United States, and in commemoration of the 100th anniversary of his birth on August 10, 1974, by providing grants to the Hoover Institution on War, Revolution, and Peace.

Authorizes the Secretary of the Treasury to make grants to the Hoover Institution on War, Revolution, and Peace in Stanford, California, in order to recognize the fifty years of extraordinary and selfless public service of Herbert Hoover.

States that grants made under this Act may be used for the construction of a new educational building to be used by the Hoover Institution, and for the equipment of such building.

Provides that no grant may be made under this Act for any fiscal year unless: (1) the Secretary determines that the total of such grants for that year will not exceed the total amount of gifts, bequests, and devises of money, securities, and other property, made after the date of enactment of this Act, for that year for the benefit of the Hoover Institution on War, Revolution, and Peace; and (2) the Hoover Institution on War, Revolution, and Peace furnishes to the Secretary such information at such times and in such manner as he may require.

Authorizes appropriations for grants of up to $7,000,000.