In December of 1985 the Association of Research Libraries (ARL) conducted a survey of its 105 academic members to determine which libraries were acquiring and circulating microcomputer software and what policy guidelines were regulating this library function. Of the 74 libraries that responded, 72 indicated they were acquiring microcomputer software for staff and administrative use, while 28 (38%) said they were circulating microcomputer software among their users. This Systems and Procedures Exchange Center (SPEC) kit includes a copy of the survey, summaries of survey results, and a short bibliography in addition to many relevant documents. Examples of documents include: acquisition and collection development policies from the American Library Association, Johns Hopkins University, University of Georgia, University of North Carolina at Chapel Hill, University of Michigan, Pennsylvania State University Libraries, and Cornell University; software use and circulation policies from Columbia University Libraries, University of California at Riverside, Virginia Polytechnic Institute and State University, Johns Hopkins University, and University of Texas at Austin; and institution-wide committee and task force reports from Columbia University and Stanford University. A 12-item bibliography is also provided. (THC)