SEC. 888. [6 U.S.C. 468] PRESERVING COAST GUARD MISSION PERFORMANCE.

(a) Definitions.--In this section:

(1) Non-homeland security missions.--The term

``non-homeland security missions'' means the following

missions of the Coast Guard:

(A) Marine safety.

(B) Search and rescue.

(C) Aids to navigation.

(D) Living marine resources (fisheries law

enforcement).

(E) Marine environmental protection.

(F) Ice operations.

(2) Homeland security missions.--The term

``homeland security missions'' means the following

missions of the Coast Guard:

(A) Ports, waterways and coastal security.

(B) Drug interdiction.

(C) Migrant interdiction.

(D) Defense readiness.

(E) Other law enforcement.

(b) Transfer.--There are transferred to the Department the

authorities, functions, personnel, and assets of the Coast

Guard, which shall be maintained as a distinct entity within

the Department, including the authorities and functions of the

Secretary of Transportation relating thereto.

(c) Maintenance of Status of Functions and Assets.--

Notwithstanding any other provision of this Act, the

authorities, functions, and capabilities of the Coast Guard to

perform its missions shall be maintained intact and without

significant reduction after the transfer of the Coast Guard to

the Department, except as specified in subsequent Acts.

(d) Certain Transfers Prohibited.--No mission, function, or

asset (including for purposes of this subsection any ship,

aircraft, or helicopter) of the Coast Guard may be diverted to

the principal and continuing use of any other organization,

unit, or entity of the Department, except for details or

assignments that do not reduce the Coast Guard's capability to

perform its missions.

(e) Changes to Missions.--

(1) Prohibition.--The Secretary may not

substantially or significantly reduce the missions of

the Coast Guard or the Coast Guard's capability to

perform those missions, except as specified in

subsequent Acts.

(2) Waiver.--The Secretary may waive the

restrictions under paragraph (1) for a period of not to

exceed 90 days upon a declaration and certification by

the Secretary to Congress that a clear, compelling, and

immediate need exists for such a waiver. A

certification under this paragraph shall include a

detailed justification for the declaration and

certification, including the reasons and specific

information that demonstrate that the Nation and the

Coast Guard cannot respond effectively if the

restrictions under paragraph (1) are not waived.

(f) Annual Review.--

(1) In general.--The Inspector General of the

Department shall conduct an annual review that shall

assess thoroughly the performance by the Coast Guard of

all missions of the Coast Guard (including non-homeland

security missions and homeland security missions) with

a particular emphasis on examining the non-homeland

security missions.

(2) Report.--The report under this paragraph shall

be submitted to--

(A) the Committee on Governmental Affairs

of the Senate;

(B) the Committee on Government Reform of

the House of Representatives;

(C) the Committees on Appropriations of the

Senate and the House of Representatives;

(D) the Committee on Commerce, Science, and

Transportation of the Senate; and

(E) the Committee on Transportation and

Infrastructure of the House of Representatives.

(g) Direct Reporting to Secretary.--Upon the transfer of

the Coast Guard to the Department, the Commandant shall report

directly to the Secretary without being required to report

through any other official of the Department.

(h) Operation as a Service in the Navy.--None of the

conditions and restrictions in this section shall apply when

the Coast Guard operates as a service in the Navy under section

3 of title 14, United States Code.

(i) Report on Accelerating the Integrated Deepwater

System.--Not later than 90 days after the date of enactment of

this Act, the Secretary, in consultation with the Commandant of

the Coast Guard, shall submit a report to the Committee on

Commerce, Science, and Transportation of the Senate, the

Committee on Transportation and Infrastructure of the House of

Representatives, and the Committees on Appropriations of the

Senate and the House of Representatives that--

(1) analyzes the feasibility of accelerating the

rate of procurement in the Coast Guard's Integrated

Deepwater System from 20 years to 10 years;

(2) includes an estimate of additional resources

required;

(3) describes the resulting increased capabilities;

(4) outlines any increases in the Coast Guard's

homeland security readiness;

(5) describes any increases in operational

efficiencies; and

(6) provides a revised asset phase-in time line.

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