A bill to amend title 32, United States Code with respect to accountability and responsibility for United States property issued to the National Guard.

Authorizes the Secretary of the Army and the Secretary of the Air Force to prescribe regulations for the accounting and fixing of responsibility for property issued to the National Guard components of such departments.

Stipulates that if such property is lost, damaged, or destroyed as a result of the gross negligence or willfull misconduct of a member of the National Guard, the amount of damage, or cost of repair or replacement may be deducted from such member's pay.

Stipulates that where such loss, damage, or destruction, was result of active duty in support of civil authority, the amount of damage, or cost of repair or replacement may be charged to the State or territory concerned, and shall be paid from non-Federal funds.