PILOT PROGRAM FOR FLEXIBLE FUNDING OF CRUISER CONVERSIONS AND OVERHAULS.

SEC. 126. PILOT PROGRAM FOR FLEXIBLE FUNDING OF CRUISER CONVERSIONS AND OVERHAULS.(a) Establishment.—The Secretary of the Navy may carry out a pilot program of flexible funding of conversions and overhauls of cruisers of the Navy in accordance with this section.(b) Authority.—Under the pilot program, the Secretary may, subject to subsection (d), transfer amounts described in subsection (c) to the appropriation for the Navy for procurement for shipbuilding and conversion for any fiscal year to continue to provide funds for any conversion or overhaul of a cruiser of the Navy for which funds were initially provided from the appropriation to which transferred.(c) Funds Available for Transfer.—The amounts available for transfer under this section are amounts appropriated to the Navy for any fiscal year after fiscal year 2003 and before fiscal year 2013 for the following purposes:(1) For procurement, as follows:(A) For shipbuilding and conversion.(B) For weapons procurement.(C) For other procurement.(2) For operation and maintenance.(d) Limitations.—(1) A transfer may be made with respect to a cruiser under this section only to meet either (or both) of the following requirements:(A) An increase in the size of the workload for conversion or overhaul to meet existing requirements for the cruiser.(B) A new conversion or overhaul requirement resulting from a revision of the original baseline conversion or overhaul program for the cruiser.(2) A transfer may not be made under this section before the date that is 30 days after the date on which the Secretary 117 STAT. 1411 of the Navy transmits to the congressional defense committees a written notification of the intended transfer. The notification shall include the following matters:(A) The purpose of the transfer.(B) The amounts to be transferred.(C) Each account from which the funds are to be transferred.(D) Each program, project, or activity from which the funds are to be transferred.(E) Each account to which the funds are to be transferred.(F) A discussion of the implications of the transfer for the total cost of the cruiser conversion or overhaul program for which the transfer is to be made.(e) Merger of Funds.—Amounts transferred to an appropriation with respect to the conversion or overhaul of a cruiser under this section shall be credited to and merged with other funds in the appropriation to which transferred and shall be available for the conversion or overhaul of such cruiser for the same period as the appropriation to which transferred.(f) Relationship to Other Transfer Authority.—The authority to transfer funds under this section is in addition to any other authority provided by law to transfer appropriated funds and is not subject to any restriction, limitation, or procedure that is applicable to the exercise of any such other authority.(g) Final Report.—Not later than October 1, 2011, the Secretary of the Navy shall submit to the congressional defense committees a report containing the Secretary’s evaluation of the efficacy of the authority provided under this section.(h) Termination of Program.—No transfer may be made under this section after September 30, 2012.