CONGRESSIONAL REVIEW PERIOD WITH RESPECT TO TRANSFER OF EX-U.S.S. HORNET (CV–12) AND EX-U.S.S. MIDWAY (CV–41).

SEC. 1024. CONGRESSIONAL REVIEW PERIOD WITH RESPECT TO TRANSFER OF EX-U.S.S. HORNET (CV–12) AND EX-U.S.S. MIDWAY (CV–41). (a) Reduction in Congressional Review Period.—In applying section 7306 of title 10, United States Code, with respect to the transfer of a vessel specified in subsection (c), subsection (d)(1)(B) of that section shall be applied by substituting “30 days” for “60 days”. (b) Waiver if Only One Qualified Entity Applies for Transfer of Vessel.—If in the case of a vessel specified in subsection (c) only a single qualified entity, as determined by the Secretary of the Navy, applies for transfer of the vessel, the Secretary may carry out the transfer of the vessel under section 7306 of title 10, United States Code, without regard to subsection (d)(1)(B) of that section. Ln such a case, the transfer may be made only after 10 days of continuous session of Congress (determined in the manner specified in section 7306(d)(2) of title 10, United States Code) have expired following the date on which the Secretary submits 111 STAT. 1877to Congress a certification that only a single qualified entity applied for transfer of the vessel. (c) Covered Vessels.—This section applies to the following vessels (each of which is a decommissioned aircraft carrier): (1) Ex-U.S.S. HORNET (CV–12). (2) Ex-U.S.S. MIDWAY (CV–41).