FLOATING DRY DOCKS.

SEC. 11525. FLOATING DRY DOCKS. Section 55122(a) of title 46, United States Code, is amended— (1) in paragraph (1)(C)— (A) by striking “2015; and” and inserting “2015; or”; (B) by striking “(C) was” and inserting the following: “(C)(i) was” ; and (C) by adding at the end the following: “(ii) had a letter of intent for purchase by such shipyard or affiliate signed prior to such date of enactment; and” ; and (2) in paragraph (2) by inserting “or, in the case of a dry dock described in paragraph (1)(C)(ii), occurs between Honolulu, Hawaii, and Pearl Harbor, Hawaii” before the period at the end.