NATIONAL DEFENSE SEALIFT FUND.

SEC. 1024. NATIONAL DEFENSE SEALIFT FUND. (a) Establishment and Use of Fund.—(1) Chapter 131 of title 10, United States Code, is amended by adding at the end the following new section: “§ 2218. National Defense Sealift Fund “(a) Establishment.—There is established in the Treasury of the United States a fund to be known as the ‘National Defense Sealift Fund’. “(b) Administration of Fund.—The Secretary of Defense shall administer the Fund consistent with the provisions of this section. “(c) Fund Purposes.—(1) Funds in the National Defense Sealift Fund shall be available for obligation and expenditure only for— “(A) construction (including design of vessels), purchase, alteration, and conversion of Department of Defense sealift vessels; “(B) operation, maintenance, and lease or charter of Department of Defense vessels for national defense purposes; “(C) installation and maintenance of defense features for national defense purposes on privately owned and operated vessels that are constructed in the United States and documented under the laws of the United States; and “(D) research and development relating to national defense sealift. “(2) Funds in the National Defense Sealift Fund may be obligated or expended only for programs, projects, and activities and only in amounts authorized in, or otherwise permitted under, an Act other than an appropriations Act. “(3) Funds obligated and expended for a purpose set forth in subparagraph (B) or (D) of paragraph (1) may be derived only from funds deposited in the National Defense Sealift Fund pursuant to subsection (d)(1). “(d) Deposits.—There shall be deposited in the Fund the following: “(1) All funds appropriated to the Department of Defense for fiscal years after fiscal year 1993 for— “(A) construction (including design of vessels), purchase, alteration, and conversion of national defense sealift vessels; “(B) operations, maintenance, and lease or charter of national defense sealift vessels; 106 STAT. 2487 “(C) installation and maintenance of defense features for national defense purposes on privately owned and operated vessels; and “(D) research and development relating to national defense sealift. “(2) All receipts from the disposition of national defense sealift vessels, excluding receipts from the sale, exchange, or scrapping of National Defense Reserve Fleet vessels under sections 508 and 510 of the Merchant Marine Act of 1936 (46 U.S.C. App. 1158, 1160), shall be deposited in the Fund. “(3) All receipts from the charter of vessels under section 1424(c) of the National Defense Authorization Act for Fiscal Year 1991 (10 U.S.C. 7291 note). “(e) Acceptance of Support.—(1) The Secretary of Defense may accept from any person, foreign government, or international organization any contribution of money, personal property (excluding vessels), or assistance in kind for support of the sealift functions of the Department of Defense. “(2) Any contribution of property accepted under paragraph (1) may be retained and used by the Department of Defense or disposed of in accordance with procedures prescribed by the Secretary of Defense. “(3) The Secretary of Defense shall deposit in the Fund money and receipts from the disposition of any property accepted under paragraph (1). “(f) Limitations.—(1) Not more than a total of five vessels built in foreign ship yards may be purchased with funds in the National Defense Sealift Fund pursuant to subsection (c)(1). “(2) Construction, alteration, or conversion of vessels with funds in the National Defense Sealift Fund pursuant to subsection (c)(1) shall be conducted in United States ship yards and shall be subject to section 1424(b) of Public Law 101–510 (104 Stat. 1683). “(g) Expiration of Funds After 5 Years.—No part of an appropriation that is deposited in the National Defense Sealift Fund pursuant to subsection (d)(1) shall remain available for obligation more than five years after the end of fiscal year for which appropriated except to the extent specifically provided by law. “(h) Budget Requests.—Budget requests submitted to Congress for the National Defense Sealift Fund shall separately identify— “(1) the amount requested for programs, projects, and activities for construction (including design of vessels), purchase, alteration, and conversion of national defense sealift vessels; “(2) the amount requested for programs, projects, and activities for operation, maintenance, and lease or charter of national defense sealift vessels; “(3) the amount requested for programs, projects, and activities for installation and maintenance of defense features for national defense purposes on privately owned and operated vessels that are constructed in the United States and documented under the laws of the United States; and “(4) the amount requested for programs, projects, and activities for research and development relating to national defense sealift. “(i) Title or Management of Vessels.—Nothing in this section shall be construed to affect or modify title to, management 106 STAT. 2488of, or funding responsibilities for, any vessel of the National Defense Reserve Fleet, or assigned to the Ready Reserve Force component of the National Defense Reserve Fleet, as established by section 11 of the Merchant Ship Sales Act of 1946 (50 U.S.C. App. 1744). “(j) Authority for Certain Use of Funds.—Upon a determination by the Secretary of Defense that such action serves the national defense interest and after consultation with the Committees on Armed Services and on Appropriations of the Senate and the House of Representatives, the Secretary may use funds available for obligation or expenditure for a purpose specified under subsection (c)(1) (A), (B), (C), and (D) for any purpose under subsection (c)(1). “(k) Definitions.—In this section: “(1) The term ‘Fund’ means the National Defense Sealift Fund established by subsection (a). “(2) The term ‘Department of Defense sealift vessel’ means any ship owned, operated, controlled, or chartered by the Department of Defense that is— “(A) a fast sealift ship, including any vessel in the Fast Sealift Program established under section 1424 of Public Law 101–510 (104 Stat. 1683); “(B) a maritime prepositioning ship; “(C) an afloat prepositioning snip; “(D) an aviation maintenance support ship; or “(E) a hospital ship. “(3) The term ‘national defense sealift vessel’ means— “(A) a Department of Defense sealift vessel; and “(B) a national defense reserve fleet vessel, including a vessel in the Ready Reserve Force maintained under section 11 of the Merchant Ship Sales Act of 1946 (50 U.S.C. App. 1744).”. (2) The table of sections at the beginning of such chapter is amended by adding at the end the following new item: “2218. National Defense Sealift Fund.”. (b) Transfer Authority.—(1) Subject to paragraph (2), and to the extent provided in appropriations Acts, the Secretary of Defense may transfer to the National Defense Sealift Fund for construction (including design of vessels), purchase, alteration, and conversion of Department of Defense sealift vessels not to exceed $1,875,100,000 from unobligated balances of appropriations made to the Navy for fiscal years 1990, 1991, and 1992 for shipbuilding and conversion, Navy, for sealift. (2) Funds transferred to the National Defense Sealift Fund pursuant to paragraph (1) shall remain available for the same period for which the transferred funds were originally appropriated. (c) Authorization for Fiscal Year 1993.—There is authorized to be appropriated to the National Defense Sealift Fund for fiscal year 1993 $613,200,000 for construction (including design of vessels), purchase, alteration, and conversion of national defense sealift vessels or for installation and maintenance of defense features necessary for the national defense for national defense purposes on privately owned and operated vessels that are constructed in the United States and documented under the laws of the United States. (d) Fiscal Year 1993 Limitation.—Not more than $10,000,000 in the National Defense Sealift Fund may be obligated during fiscal year 1993 until 30 days after the date on which the Secretary 106 STAT. 2489of Defense submits to Congress a report on the specific purposes for which funds made available from such Fund during fiscal year 1993 are to be used. The information in the report shall be stated by program, project, and activity.