To exempt certain historic liberty and victory ships from inspection requirements under title 46, United States Code.

[AI summary unavailable — showing source text] Exempts three specified vessels, notwithstanding any other provision of law, from provisions of Federal law relating to inspection of vessels, except for certain provisions relating to permits. Terminates the exemption with regard to any of the vessels when the vessel is conveyed to a person other than a nonprofit organization which has as the organization's purpose the operation of the vessel as a nonprofit merchant mariner memorial.…