H.R. 6396 — A bill to amend title XI of the Merchant Marine Act, 1936, to allow guarantees for fishing vessels to equal 87 1/2 percent of actual cost.

Summary

Amends the Merchant Marine Act, 1936, to make Federal ship mortgage insurance available for obligations for fishing vessels which do not exceed 87 1/2 percent of the actual or depreciated cost of such vessels.

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Related Legislation

H.R. 4831A bill to amend title XI of the Merchant Marine Act, 1936, to allow guarantees for fishing vessels to equal 87 1/2 percent of actual cost.
1977-03-10Referred to House Committee on Merchant Marine and Fisheries.
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Legislative Actions

1977-04-20
Introduced in House
1977-04-20
Introduced in House
1977-04-20
Referred to House Committee on Merchant Marine and Fisheries.

A bill to amend title XI of the Merchant Marine Act, 1936, to allow guarantees for fishing vessels to equal 87 1/2 percent of actual cost.

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