AUTHORITY TO CONSENT TO RETRANSFER OF FORMER NAVAL VESSEL.

SEC. 1012. AUTHORITY TO CONSENT TO RETRANSFER OF FORMER NAVAL VESSEL. (a) In General.—Subject to subsection (b), the President may consent to the retransfer by the Government of Greece of HS Rodos (ex-USS BOWMAN COUNTY (LST 391)) to the USS LST Ship Memorial, Inc., a not-for-profit organization operating under the laws of the State of Pennsylvania. (b) Conditions for Consent.—The President should not exercise the authority under subsection (a) unless the USS LST Memorial, Inc. agrees— (1) to use the vessel for public, nonprofit, museum-related purposes; (2) to comply with applicable law with respect to the vessel, including those requirements related to facilitating monitoring by the United States of, and mitigating potential environmental hazards associated with, aging vessels, and has a demonstrated financial capability to so comply; and (3) to hold the United States harmless for any claims arising from exposure to hazardous material, including asbestos and polychlorinated biphenyls, after the retransfer of the vessel to the recipient, except for claims arising before the date of the transfer of the vessel to the Government of Greece or from use of the vessel by the United States after the date of the retransfer to the recipient.