H.R. 7304 — A bill to increase the amount of a loan the Secretary of Commerce may guarantee from 75 percent to 87 1/2 percent of the cost of certain vessels.

Summary

Amends the Merchant Marine Act, 1936, to increase the amount of a ship construction loan which the Secretary of Commerce may guarantee from 75 to 87 1/2 percent with respect to certain ferry boats.

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Legislative Actions

1977-05-18
Introduced in House
1977-05-18
Introduced in House
1977-05-18
Referred to House Committee on Merchant Marine and Fisheries.

A bill to increase the amount of a loan the Secretary of Commerce may guarantee from 75 percent to 87 1/2 percent of the cost of certain vessels.

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