(a) Exclusion of vessels built in China
(1) Exclusion
Subsection (f)(3) of section 2218 of title 10, United States Code, is amended—
in subparagraph (A), by striking any used vessel, regardless of where such vessel was constructed and inserting any used vessel (other than an excluded vessel), regardless of where such vessel was constructed, ; and
in subparagraph (B), by inserting (other than an excluded vessel) after a used vessel .
(2) Definition of excluded vessel
Subsection (k) of such section is amended by adding at the end the following new paragraph:
(b) Requirement for purchase of two new United States-constructed vessels for each foreign-constructed used vessel purchased in excess of 12
Subparagraph (C) of paragraph (3) of subsection (f) of such section is amended to read as follows:
(c) Clarifying amendment
Such paragraph is further amended in subparagraph (D) by striking subparagraph (A) and inserting this paragraph .
(d) Repeal of obsolete provision
Such paragraph is further amended—
by striking subparagraph (E); and
by redesignating subparagraph (F) as subparagraph (E).
(e) Repeal of 30-day notice-and-wait period before certain purchases may be finalized
Such paragraph is further amended by striking subparagraph (G).
(f) Technical amendments to update citations
Such section is further amended—
in subsection (d)(3), by striking ( 10 U.S.C. 8661 note) and inserting ( Public Law 101–510 ; 10 U.S.C. 8661 note) ; and
in subsections (f)(2) and (k)(2)(A), by striking Public Law 101–510 (104 Stat. 1683) and inserting the National Defense Authorization Act for Fiscal Year 1991 ( Public Law 101–510 ; 10 U.S.C. 8661 note) .