A bill to amend title 38, United States Code, to authorize erection of a memorial and museum on federal land in the District of Columbia or its environs to honor members of the Armed Forces who served in World War II and to commemorate United States participation in that conflict.

(Reported to House from the Committee on Veterans' Affairs with amendment, H. Rept. 100-755 (Part I))

Directs the American Battle Monuments Commission to establish a memorial and museum on Federal land in the District of Columbia or its immediate area to honor World War II veterans and to commemorate U.S. participation in that conflict. Directs the Commission to plan, design, construct, and oversee the operation of the memorial and museum. Specifies that such design shall provide for accessibility by, and accommodations for, the physically handicapped.

Establishes the World War II Memorial and Museum Advisory Board to: (1) promote the establishment of the memorial and museum and encourage the donation of private funds for construction maintenance; (2) recommend the site and select the design for the memorial and museum, subject to the approval of the Commission; and (3) transmit annual reports on its activities to the Congress.

Authorizes the Commission to solicit private contributions for such memorial and museum. Establishes a fund in the Treasury which shall be made available to the Commission to carry out this Act. Requires the Secretary of the Treasury to invest any portion of the fund not required to meet the expenses of the Commission.

Authorizes Federal funding, in addition to such private funds, for site preparation, design, planning, establishment, construction, maintenance, and operation of the memorial and museum. Authorizes assistance from specified Federal departments and agencies. Authorizes Federal property to be transferred to the Commission. Authorizes the Commission to purchase suitable property within the District of Columbia for the establishment of such memorial and museum.