Many public institutions will close for Martin Luther King Jr. Day Monday, while some private businesses will remain open. Here's what to know.

Here is what to know about what businesses and services that will remain open and which ones will take the day off for Martin Luther King Jr. Day.

The holiday falls on the third Monday of January. A bill to make Martin Luther King Jr. Day a federal holiday was introduced on April 8, 1968 — four days after King was assassinated, according to the National Museum of African American History and Culture.