Sec. 1011. National Defense Sealift Fund
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Section 2218 of title 10, United States Code, is amended— in subsection (c)— in paragraph (1)— by striking subparagraph (D); and by redesignating subparagraph
(E)as subparagraph (D); in paragraph (3), by striking or
(D); and in subsection (d)— in paragraph (1)— in subparagraph (B), by inserting and after the semicolon; in subparagraph (C), by striking ; and and inserting a period; and by striking subparagraph (D); by striking paragraph (2); by redesignating paragraph
(3)as paragraph (2); and by adding at the end the following new paragraph (3): Any other funds made available to the Department of Defense to carry out any of the purposes described in subsection (c). . Subsection
(f)of such section is amended by adding at the end the following new paragraph: Notwithstanding the limitations under subsection (c)(1)(E) and paragraph (1), the Secretary of Defense may, as part of a program to recapitalize the Ready Reserve Force component of the national defense reserve fleet and the Military Sealift Command surge fleet, purchase any used vessel, regardless of where such vessel was constructed if such vessel— participated in the Maritime Security Fleet; and is available for purchase at a reasonable cost, as determined by the Secretary. If the Secretary determines that no used vessel meeting the requirements under clauses
(i)and
(ii)of subparagraph
(A)is available, the Secretary may purchase a used vessel comparable to a vessel described in clause
(i)of subparagraph (A), regardless of the source of the vessel or where the vessel was constructed, if such vessel is available for purchase at a reasonable cost, as determined by the Secretary. The Secretary may not use the authority under this paragraph to purchase more than five additional foreign constructed ships. Any such ships may not be purchased at a rate that exceeds one vessel constructed outside the United States for every new Department of Defense sealift vessel authorized by law to be constructed. Prior to the purchase of any vessel that was not constructed in the United States, the Secretary, in consultation with the Maritime Administrator, shall certify that there is no vessel available for purchase at a reasonable price that— was constructed in the United States; and is suitable for use by the United States for national defense or military purposes in a time of war or national emergency. . Subsection
(k)of such section is amended by adding at the end the following new paragraph: The term Maritime Security Fleet means the fleet established under section 53102(a) of title 46. . Such section is further amended by striking ( each place it appears and inserting 50 U.S.C. App. 1744 ) ( . 50 U.S.C. 4405 )
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Sec. 1011
National Defense Sealift Fund
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