Official Summary

9/10/2008--Reported to Senate without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Naval Vessel Transfer Act of 2008 - Authorizes the President to transfer on a grant basis to: (1) Pakistan, the OLIVER HAZARD PERRY cl

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Official Summary

9/10/2008--Reported to Senate without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Naval Vessel Transfer Act of 2008 - Authorizes the President to transfer on a grant basis to:
(1) Pakistan, the OLIVER HAZARD PERRY class guided missile frigate MCINERNEY;
(2) Greece, the OSPREY class minehunter coastal ships OSPREY and ROBIN;
(3) Chile, the KAISER class oiler ANDREW J. HIGGINS; and
(4) Peru, the NEWPORT class amphibious tank landing ships FRESNO and RACINE. 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.


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