This bill establishes an eight-member Commission to Study the Potential Creation of a National Museum of Italian American History and Culture in Washington, D.C. The Commission, composed of members appointed equally by Senate and House leadership from both parties, will be staffed by experts in museum administration, Italian American history, fundraising, and related fields. Within 18 months of its first meeting, the Commission must submit reports to Congress and the President analyzing the feasibility of creating the museum, including assessments of collection costs, impact on existing museums, potential locations, possible Smithsonian affiliation, governance structure, and construction and operating costs. The Commission will also develop a fundraising plan designed to support the museum's construction and perpetual operations without federal appropriations. The bill requires no federal funding—the Commission is responsible for securing its own resources through private contributions—and the Commission will dissolve 30 days after submitting its final reports.