Amends the Merchant Marine Act, 1936 to allow the Secretary of Transportation to authorize a vessel operator receiving or applying for an operating-differential subsidy to construct or reconstruct its vessels in a foreign shipyard, or acquire such vessels outside the United States, if certain vessel conditions are met.
Read twice and referred to the Committee on Commerce.
Introduced in House
Introduced in House
Referred to House Committee on Merchant Marine and Fisheries.
Executive Comment Requested from DOT.
Referred to Subcommittee on Merchant Marine.
Subcommittee Hearings Held.
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