REVISION OF LIMITATIONS ON REQUIRED DISPOSALS OF CERTAIN MATERIALS IN NATIONAL DEFENSE STOCKPILE.

SEC. 3304. REVISION OF LIMITATIONS ON REQUIRED DISPOSALS OF CERTAIN MATERIALS IN NATIONAL DEFENSE STOCKPILE. (a) Public Law 105–261.—Section 3303 of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 (Public Law 105–261; 50 U.S.C. 98d note) is amended— (1) in subsection (a)— (A) by striking “the amount of—” and inserting “total amounts not less than—”; (B) by striking “and” at the end of paragraph (3); and (C) by striking paragraph (4) and inserting the following new paragraphs: “(4) $760,000,000 by the end of fiscal year 2005; and “(5) $770,000,000 by the end of fiscal year 2011.”; and (2) in subsection (b)(2), by striking “receipts in the amounts specified in subsection (a)” and inserting “receipts in the total amount specified in subsection (a)(5)”. (b) Public Law 105–85.—Section 3305 of the National Defense Authorization Act for Fiscal Year 1998 (Public Law 105–85; 50 U.S.C. 98d note) is amended— (1) in subsection (a), by striking “amounts equal to—” and inserting “total amounts not less than—”; and (2) in subsection (b), by striking paragraph (2) and inserting the following new paragraph: “(2) The President may not dispose of cobalt under this section in fiscal year 2006 in excess of the disposals necessary to result in receipts during that fiscal year in the total amount specified in subsection (a)(5).”. (c) Public Law 104–201.—Section 3303 of the National Defense Authorization Act for Fiscal Year 1997 (Public Law 104–201; 50 U.S.C. 98d note) is amended— (1) in subsection (a), by striking “amounts equal to—” and inserting “total amounts not less than—”; and (2) in subsection (b), by striking paragraph (2) and inserting the following new paragraph: “(2) The President may not dispose of materials under this section during the 10-fiscal year period referred to in subsection (a)(2) in excess of the disposals necessary to result in receipts during that period in the total amount specified in such subsection.”.