1. Short title This Act may be cited as the United States Library Trust Fund Act . 2. United States Library Trust Fund (a) Designation of overpayments as contributions to United States Library Trust Fund Subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended by adding at the end the following new part: IX Designation of overpayments as contributions to United States Library Trust Fund Sec. 6097. Designation. 6097. Designation (a) In general Every taxpayer who makes a return of the tax imposed by subtitle A for any taxable year may designate that a specified portion (not less than $1) of the amount of any overpayment of tax for such taxable year shall be paid over to the United States Library Trust Fund in accordance with the provisions of section 9512. (b) Manner and time of designation A designation under subsection (a) may be made with respect to any taxable year— (1) at the time of filing the return of the tax imposed by chapter 1 for such taxable year, or (2) at any other time (after the time of filing the return of the tax imposed by chapter 1 for such taxable year) specified in regulations prescribed by the Secretary. Such designation shall be made in such manner as the Secretary prescribes by regulations except that such designation shall be made either on the first page of the return or on the page bearing the taxpayer’s signature. (c) Overpayments treated as refunded For purposes of this title, any portion of an overpayment of tax designated under subsection (a) shall be treated as being refunded to the taxpayer as of the last date prescribed for filing the return of tax imposed by chapter 1 (determined without regard to extensions). . (b) Creation of trust fund Subchapter A of chapter 98 of such Code is amended by adding at the end the following new section: 9512. United States Library Trust Fund (a) Creation of trust fund There is established in the Treasury of the United States a trust fund to be known as the United States Library Trust Fund , consisting of such amounts as may be