Makes any person who engages in a prohibited activity liable for response costs, direct and indirect enforcement costs, and any damages resulting from such activity. Provides in rem liability for any vessel, vehicle, aircraft, or other property used to facilitate such a violation.
Subjects any violator to a permit sanction and possible civil administrative penalty of up to $250,000 per day, and civil judicial penalty of up to $500,000 per day. Authorizes penalty enforcement, as well as civil and in rem actions and injunctive relief, through the Attorney General. Provides a criminal penalty of up to $250,000 per day, and imprisonment for up to five years, for knowing violations.
Allows the Secretary and the Secretary of Homeland Security (DHS) to enforce the provisions of the Act through detention and arrest, search and seizure of property pending disposition of civil or criminal proceedings, and forfeiture of previously-recovered Titanic property. Creates a rebuttable presumption that all Titanic property found on a vessel used or seized in connection with a violation was taken or retained in violation. Provides for: (1) final disposition of seized property, including possible assimilation with an existing Titanic collection; and (2) civil and criminal forfeitures of such property. Requires monies recovered directly or through the sale of forfeited property to be used by the Secretary for the conservation of Titanic artifacts or any Titanic collection, or the collection of the USS Monitor National Marine Sanctuary artifacts at the Mariners' Museum.
Authorizes the Secretary to inform and consult with representatives of foreign nations and others regarding the protection and preservation of Titanic property, including the issuance of property recovery permits. Authorizes the Secretary of State, in the event that a party to the International Agreement issues a recovery permit, to consult with such party to request that existing salvor-in-possession rights to the Titanic are respected and that there is consideration of assimilating any recovered property to an existing collection.
Authorizes the Secretary, in order to carry out the purposes of this Act, to: (1) enter into agreements for the use of personnel, services, equipment, or facilities; (2) utilize grant funds; (3) monitor the Titanic wreck site; and (4) promulgate regulations.
Allows the Secretary to establish the Titanic Advisory Council to advise and make recommendations to the Secretary regarding: (1) the protection and preservation of Titanic property and the conservation and curation of recovered artifacts, and (2) the preparation of a long-term Titanic site management plan.
Prohibits any civil or criminal action to enforce this Act after the date that is eight years after the date on which: (1) all facts material to the right of action or offense are known by the Secretary, and (2) jurisdiction can be exercised over the defendant.