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The amendment is as follows:
In lieu of the language proposed to be inserted, insert the following:
`SEC. 1017. CORRECTION OF SCOPE OF WAIVER AUTHORITY FOR LIMITATION ON RETIREMENT OR DISMANTLEMENT OF STRATEGIC NUCLEAR DELIVERY SYSTEMS; AUTHORITY TO WAIVE LIMITATION
`(a) Section 1302(b) of the National Defense Authorization Act for Fiscal Year 1998 (Public Law 105-85; 111 Stat. 1948), as amended by section 1501(a) of the National Defense Authorization Act for Fiscal Year 2000 (Public Law 106-65; 113 Stat. 806), is further amended by striking `the application of the limitation in effect under paragraph (1)(B) or (3) of subsection (a), as the case may be,' and inserting `the application of the limitation in effect under subsection (a) to a strategic nuclear delivery system'.
`(b) Authority To Waive Limitation on Retirement or Dismantlement of Strategic Nuclear Delivery Systems: After the submission of the report on the results of the nuclear posture review to Congress under section 1015(c)--
`(1) the Secretary of Defense shall, taking into consideration the results of the review, submit to the President a recommendation regarding whether the President should waive the limitation on the retirement or dismantlement of strategic nuclear delivery systems in section 1302 of the National Defense Authorization Act for Fiscal Year 1998 (Public Law 105-85; 111 Stat. 1948); and
`(2) the President, taking into consideration the results of the review and the recommendation made by the Secretary of Defense under paragraph (1), may waive the limitation referred to in that paragraph if the President determines that it is in the national security interests of the United States to do so.'.
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