A bill to authorize appropriations for the Winter Olympic games.

Authorizes the Secretary of Commerce to assist the Lake Placid 1980 Olympic Games, Inc., or any appropriate public authority in planning, designing, or constructing the permanent sports facilities necessary for the 13th winter Olympic games.

Stipulates that such grants may not exceed a total of $28,000,000, except for a specified amount attributable to increases in construction costs.

Authorizes appropriations of sums necessary to carry out this act.