A bill to extend the provisions of title XII of the Merchant Marine Act, 1936, relating to war risk insurance, for an additional 5 years, ending September 7, 1980.
Provides that in determining whether to grant insurance or reinsurance to foreign-flag vessels, pursuant to the Merchant Marine Act of 1936, the Secretary of Commerce shall consider the characteristics, the employment, and the general management of the vessel by the owner or charterer. Requires that American and foreign-flag vessels so insured or reinsured be subject to such vessel location reporting requirements as the Secretary may establish by regulation.
Authorizes the Secretary to charge and collect an annual fee in an amount calculated to cover the expenses of processing applications for insurance, the employment of underwriting agents, and the appointment of experts.
Measure indefinitely postponed in Senate, provisions inserted in H.R. 1073.
Referred to Senate Committee on Commerce.
Measure called up under motion to suspend rules and pass in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Referred to Senate Committee on Commerce.
Committee on Commerce discharged in Senate.
Committee on Commerce discharged in Senate.
Measure considered in Senate.
Passed/agreed to in Senate: Measure passed Senate, amended, provisions of S. 3181 inserted.
Measure passed Senate, amended, provisions of S. 3181 inserted.
Resolving differences -- House actions: House agreed to Senate amendments.
House agreed to Senate amendments.
Measure enrolled in House.
Enacted as Public Law 94-523
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Measure enrolled in Senate.
Measure presented to President.
Measure presented to President.
Signed by President.
Signed by President.
Public law 94-523.
Public law 94-523.