A joint resolution to initiate preliminary studies for the restoration and renovation of the Pension Building in Washington, District of Columbia, to house a Museum of the Building Arts.

Directs the Administrator of General Services, in conjunction with the Secretary of the Smithsonian Institution, and the Chairman of the National Endowment for the Arts, and the National Endowment for the Humanities, to develop plans and a budget for the restoration of the Pension Building in the District of Columbia. Requires the Administrator to insure that such plans are consistent with proposals prepared by the Committee for a National Museum of Building Arts, Incorporated. Provides the Advisory Council on Historic Preservation an opportunity to comment on the plans. Specifies that designs, plans and cost estimates be submitted to the Committee on Public Works and Transportation of the House and the Committee on Environment and Public Works of the Senate not later than October 1, 1978.

Authorizes appropriations necessary to carry out the purposes of this Act.