A bill to provide Federal grants to be awarded by the Commissioner of Education for the purpose of paying operating expenses of public libraries, in amounts which match the amount of certain private contributions.

Directs the Commissioner of Education to carry out a program of making grants to central library systems to pay the operating expenses of public libraries. States that the amount of such grant shall be equal to the amount of private contributions made to such library system for operating expenses. Requires that 50 percent of the funds received from such grant be used to pay the operating expenses of public libraries in localities where the average family gross income in such localities is at least 25 percent below the average income level in the area served by such system.