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[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 1499 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                S. 1499

To authorize the Secretary of Transportation to convey for scrapping by 
  the Virginia V Foundation a vessel in the National Defense Reserve 
                Fleet that is scheduled to be scrapped.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

           September 29 (legislative day, September 27), 1993

  Mrs. Murray introduced the following bill; which was read twice and 
   referred to the Committee on Commerce, Science, and Transportation

_______________________________________________________________________

                                 A BILL

 
To authorize the Secretary of Transportation to convey for scrapping by 
  the Virginia V Foundation a vessel in the National Defense Reserve 
                Fleet that is scheduled to be scrapped.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CONVEYANCE OF NDRF VESSEL FOR SCRAPPING BY VIRGINIA V 
              FOUNDATION.

    (a) Short Title.--This Act may be cited as the ``VIRGINIA V 
Restoration Act of 1993''.
    (b) Vessel Conveyance Authority.--
            (1) In general.--Notwithstanding any other law, the 
        Secretary of Transportation may convey to the VIRGINIA V 
        Foundation, a nonprofit organization located in Seattle, 
        Washington (in this section referred to as the ``Foundation''), 
        without consideration, all right, title, and interest of the 
        United States Government in a vessel which--
                    (A) is in the National Defense Reserve Fleet on the 
                date of the enactment of this Act;
                    (B) is of not less than 4,000 displacement tons;
                    (C) has no usefulness to the Government; and
                    (D) is scheduled to be scrapped.
            (2) Condition.--As a condition of conveying a vessel to the 
        Foundation pursuant to this Act, the Secretary shall require 
        that the Foundation enter into an agreement with the Secretary 
        which requires that the Foundation--
                    (A) sell the vessel for scrap purposes;
                    (B) use the proceeds of that scrapping for expenses 
                directly related to the preservation and restoration of 
                the historic steamship VIRGINIA V, located in Seattle, 
                Washington;
                    (C) have raised, before the date of conveyance 
                authorized by paragraph (1), at least $100,000 from 
                non-Federal sources for use for that purpose; and
                    (D) comply with any other conditions the Secretary 
                considers appropriate.
    (c) Delivery.--The Secretary shall deliver a vessel conveyed under 
this Act to the Foundation--
            (1) at the place where the vessel is located on the date of 
        the approval of the conveyance;
            (2) in its condition on that date; and
            (3) without cost to the Government.
    (d) Expiration.--The authority of the Secretary to convey a vessel 
under this Act expires on the date which is 2 years after the date of 
the enactment of this Act.
    (e) Treatment of Amounts Available to the Foundation.--Amounts 
available to, or used by, the Foundation pursuant to subparagraph (B) 
or (C) of subsection (b)(2) shall not be considered in any 
determination of the amounts available to the Department of the 
Interior for the VIRGINIA V Foundation.

                                 <all>
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