H. R. 1001
Public Law 3
To authorize the construction of modern naval vessels, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President is hereby authorized to undertake the construction of, or to acquire and convert, not to exceed five hundred thousand tons of modern naval vessels in the following categories and subcategories :
(a) Combatant vessels, three hundred and fifteen thousand tons, divided into :
1. Warships, one hundred thousand tons, including one aircraft carrier of not to exceed sixty thousand tons.
2. Amphibious warfare vessels and landing craft, one hundred and seventy-five thousand tons.
3. Mine warfare vessels, twenty-five thousand tons.
4. Patrol vessels, fifteen thousand tons.
(b) Auxiliary vessels, one hundred and seventy-five thousand tons.
(c) Service craft, nine thousand tons.
(d) Experimental types, one thousand tons.
Sec. 2. The President is authorized to convert not to exceed one million tons of existing naval vessels, from among those vessels on the Navy List determined to be best fitted for conversion, to modern naval vessels, of the following categories and subcategories :
(a) Combatant vessels, one million tons, divided into:
1. Warships, nine hundred and ninety thousand tons.
2. Mine warfare vessels, ten thousand tons.
Sec. 3. There is hereby authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, such sums as may be necessary for the construction, acquisition, or conversion of the foregoing vessels.
Sec. 4. Notwithstanding the provisions of the Mutual Defense Assistance Act of 1949, as amended, or the provisions of any other law, no battleship, carrier, cruiser, destroyer, or submarine of the United States which has not been stricken from the Navy Register as provided by section 2 of the Act of August 5, 1882 ( 22 Stat. 296), as amended, or any interest of the United States in any such vessel, shall hereafter be sold, transferred, or otherwise disposed of unless authorized hereafter by the Congress.
Sec. 5. The balance of tonnage authorizations remaining in the following Acts are hereby rescinded :
(a) The Act of December 17, 1943 (Public Law 204, Seventy-eighth Congress).
(b) The Act of July 9, 1942 (Public Law 665, Seventy-seventh Congress).
(c) The Act of May 24,1941 (Public Law 72, Seventy-seventh Congress) as amended by the Act of December 17, 1941 (Public Law 353, Seventy-seventh Congress).
(d) The Act of May 26, 1943 (Public Law 61, Seventy-eighth Congress).
Approved March 10, 1951.