PUBLIC LAW 100-627— NOV. 7, 1988 102 STAT. 3217

(b) DAMAGES, RESTOHSB COSTS, AND SANCTUARY BESOURCE DE-
miBii.— Socticm 302 of the Act (16 UJ3.C. 1432)

(2) % striking the period in paragraph (5) and Inserting
"; and* and

(3) by adding at the end the £ bllowing:

'damages' includes—
"(A) compensation for —

"(iXD the cost of replacing, restoring, or aoquirmg the
equivalent of a sanctuary resouitse; and

M(Q) the ¥alue of the lost use of a sanctuary resource
pending its restoration or replacement or the acquisi-
tion of an equivalent sanctuary resource; or

"(ii) the value of a sanctuary resource if the sanc-
tuary resource cannot he resiomi or replaced or if the
equivalent of such resource cannot be acquired; and
"(B) the cost of damage assessments under section

"CD *response costs9 means the costs of actions taken by the
Secretary to minimize destruction or loss of, or injury to, sanc-
tuary resources, or to minimize the imminent risks of such
destruction, loss, or injury; and

"(8) 'sanctuary resource9 means any living or nonliving re-
source of a national marine sanctuary that contributes to the
conservation, recreational, ecological, historical, research, edu-
cational, or aesthetic value of the sanctuary.",

(c) EFPBCHVB DATE.— Amounts in the form of damages received by 16 use 1443
the United States after November 30, 1986, for destruction or loss of, note.
or injury to, a sanctuary resource (as that term is defined in section
302(8) of the Act (as amended by this Act)) shall be subject to section
312 of the Act (as amended by this Act).

SBC. 2S&. ACTIONS WITH &SSPECT TO MKW SANCTUABIES.

(a) ISSUANCE OF Nones OF DESIGNATON.—The Secretary of Com-
merce shall issue a notice of designation under section 304(bXD of
the Act (16 U AC. 1434(bXl)>-

(1) with respect to the proposed Coidell Banks National
Marine Sanctuary as generally described in the Federal Reg-
ister notice of June 30,1983, not later than December 31,1988;

(2) with respect to the Flower Garden Banks National Marine
Sanctuary as generally described in the Federal Register notice
of August 2,1984, not later than March 31, 1989;

(3) with respect to the Monterey Bay National Marine Sane-
tuaiy as generally described in the Federal Register notice of
December 31, 1979, not later than December 31, 1989; and

(4) with respect to the Western Washington Outer Coast
National Marine Sanctuary as generally described in the Fed-
eral Register notice of August 4 1983, not later than June 30,
1990.

(b) SUBMISSION OF PROsracrosES-—Hie Secretary of Commerce
shall submit a prospectus under section 304(aXlKC) and (aX5) of the
Act (16 U AC. 1434(aXlXC) and (aX5» to the Committee on Merchant
Marine and Fisheries of the House of Representatives and to the
Committee on Commerce, Science, and Transportation of the
Senate—