LIMITATIONS ON USE OF FUNDS TO RETIRE B-1 BOMBER AIRCRAFT.

SEC. 132. LIMITATIONS ON USE OF FUNDS TO RETIRE B-1 BOMBER AIRCRAFT. (a) In General.—None of the funds authorized to be appropriated by this Act for fiscal year 2012 for the Department of Defense may be obligated or expended to retire any B-1 bomber aircraft on or before the date on which the Secretary of the Air Force submits to the congressional defense committees the plan described in subsection (b). (b) Plan Described.—The plan described in this subsection is a plan for retiring B-1 bomber aircraft that includes the following: (1) An identification of each B-1 bomber aircraft that will be retired and the disposition plan for such aircraft. (2) An estimate of the savings that will result from the proposed retirement of B-1 bomber aircraft in each calendar year through calendar year 2022. (3) An estimate of the amount of the savings described in paragraph (2) that will be reinvested in the modernization of B-1 bomber aircraft still in service in each calendar year through calendar year 2022. (4) A modernization plan for sustaining the remaining B-1 bomber aircraft through at least calendar year 2022. (5) An estimate of the amount of funding required to fully fund the modernization plan described in paragraph (4) for each calendar year through calendar year 2022.[Section 133 was repealed by section 136(d) of Public Law 115–91.]