LIMITATIONS ON USE OF FUNDS TO RETIRE B–1 BOMBER AIRCRAFT.

SEC. 132. LIMITATIONS ON USE OF FUNDS TO RETIRE B–1 BOMBER AIRCRAFT.(a) In General.—None of the funds authorized to be appropriated by this Act for fiscal year 2012 for the Department of Defense may be obligated or expended to retire any B–1 bomber aircraft on or before the date on which the Secretary of the Air Force submits to the congressional defense committees the plan described in subsection (b).(b) Plan Described.—The plan described in this subsection is a plan for retiring B–1 bomber aircraft that includes the following:(1) An identification of each B–1 bomber aircraft that will be retired and the disposition plan for such aircraft.(2) An estimate of the savings that will result from the proposed retirement of B–1 bomber aircraft in each calendar year through calendar year 2022.(3) An estimate of the amount of the savings described in paragraph (2) that will be reinvested in the modernization of B–1 bomber aircraft still in service in each calendar year through calendar year 2022.(4) A modernization plan for sustaining the remaining B–1 bomber aircraft through at least calendar year 2022.(5) An estimate of the amount of funding required to fully fund the modernization plan described in paragraph (4) for each calendar year through calendar year 2022.(c) Post-plan B–1 Retirement.—(1) In general.—During the period described by paragraph (4), the Secretary of the Air Force shall maintain in a common capability configuration not less than 36 B–1 aircraft as combat-coded aircraft.(2) FY 2014 and thereafter.—After the period described in paragraph (4), the Secretary shall maintain not less than—(A) 35 B–1 aircraft as combat-coded aircraft in a common capability configuration until September 30, 2014;(B) 34 such aircraft as combat-coded aircraft in a common capability configuration until September 30, 2015; and(C) 33 such aircraft as combat-coded aircraft in a common capability configuration until September 30, 2016.(3) Total amount of retired b–1 aircraft.—The Secretary may not retire more than a total of six B–1 aircraft, 125 STAT. 1321 including the B–1 aircraft retired in accordance with this subsection.(4) Period described.—The period described in this paragraph is the period beginning on the date on which the plan described in subsection (b) is submitted to the congressional defense committees and ending on September 30, 2013.(5) Combat-coded aircraft defined.—In this subsection, the term “combat-coded aircraft” means aircraft assigned to meet the primary aircraft authorization to a unit for the performance of its wartime mission.