To provide for the cost-efficient use of Federally-acquired vessels.
Government Fleet Savings Act - Directs the President to review the inventory of vessels acquired by the U.S. Government as a result of a default under Federal ship mortgage insurance provisions of the Merchant Marine Act, 1936 to determine the suitability of such vessels for Government use before acquiring a vessel for such use.
Introduced in House
Introduced in House
Referred to the House Committee on Merchant Marine and Fisheries.
Executive Comment Requested from DOT.
Referred to the Subcommittee On Merchant Marine.
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