The purpose of this legislation is to authorize the President of the United States to award the Medal of Honor to E. Royce Williams for his courageous actions during the Korean War. The bill recognizes Williams' extraordinary bravery in combat and seeks to rectify the historical oversight regarding the recognition of his valor. Key provisions of the legislation include a waiver of the usual time limitations that apply to the awarding of military medals. Normally, there are specific time frames within which a medal must be awarded after the act of valor has occurred.