This bill authorizes the Smithsonian National Museum of the American Latino to be located within the Reserve of the National Mall , overriding previous legal restrictions. It also amends the process for designating a site under the jurisdiction of another federal agency, requiring the Smithsonian Board of Regents to notify the agency head, who then must promptly inform specific congressional committees. Following this notification, the federal agency is mandated to transfer administrative jurisdiction of the designated land or structure to the Smithsonian Institution as soon as practicable. Furthermore, the legislation revises the duties of the Museum's Board of Trustees, requiring them to ensure exhibits and programs accurately and comprehensively represent the varied cultures, histories, events, and values of Hispanic or Latino communities . This includes actively seeking guidance from a broad array of knowledgeable and respected sources that reflect diverse political viewpoints and authentic experiences. To ensure accountability, the Secretary of the Smithsonian must submit biennial reports to Congress detailing actions taken to comply with these diversity requirements for both current and future exhibits and programs. These provisions are effective as if included in the original 2021 Act establishing the museum.