Martin Luther King, Jr., Federal Holiday Commission Extension Act - Makes permanent the Martin Luther King, Jr. Federal Holiday Commission. (Current law terminates the Commission on April 20, 1989.) Makes the term of Commission members one year, except for Coretta Scott King (life term) and members of the family surviving Martin Luther King, Jr. (at the discretion of the family).
Replaces provisions requiring all expenditures of the Commission to be from donated funds with provisions authorizing appropriations for each fiscal year. Makes payment of expenses for Commission members and staff salary subject to the availability of funds.