S.1565 - Naval Vessel Transfer Act of 2007110th Congress (2007-2008)
|Sponsor:||Sen. Biden, Joseph R., Jr. [D-DE] (Introduced 06/07/2007)|
|Committees:||Senate - Foreign Relations|
|Committee Reports:||S. Rept. 110-139|
|Latest Action:||Senate - 07/31/2007 Placed on Senate Legislative Calendar under General Orders. Calendar No. 292. (All Actions)|
This bill has the status Introduced
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Summary: S.1565 — 110th Congress (2007-2008)All Information (Except Text)
Reported to Senate without amendment (07/31/2007)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Naval Vessels Transfer Act of 2007 - Authorizes the President to transfer on a grant basis to: (1) Turkey, the OLIVER HAZARD PERRY class guided missile frigates GEORGE PHILIP and SIDES; and (2) Lithuania, the OSPREY class minehunter coastal ships CORMORANT and KINGFISHER.
Authorizes the President to transfer on a sale basis to: (1) Taiwan, the OSPREY class minehunter coastal ships ORIOLE and FALCON; and (2) Turkey, the OSPREY class minehunter coastal ship SHRIKE.
States that: (1) the value of such vessels transferred on a grant basis shall not be counted against the aggregate value of excess defense articles transferred to countries in any fiscal year under the Foreign Assistance Act of 1961; (2) transfer costs shall be charged to the recipient; and (3) to the maximum extent practicable, the country to which a vessel is transferred shall have necessary vessel repair and refurbishment carried out at U.S. shipyards (including U.S. Navy shipyards).
Terminates transfer authority two years after enactment of this Act.