Maritime Administration Authorization Act of 2003

Summary

Maritime Administration Authorization Act of 2003 - Authorizes appropriations for FY 2004 through 2006 to the Secretary of Transportation for the Maritime Administration. Amends the Merchant Marine Act, 1936 with respect to: (1) conveyance of obsolete vessels in the National Defense Reserve Fleet; (2) cargo preference and treatment of certain tank vessels under construction as privately owned U.S.-flag commercial vessels; (3) equity payments by an obligor for disbursement before termination of an escrow agreement; (4) waivers of certain program requirements; (5) project monitoring; (6) defaults; (7) loan guarantees, including a 270-day decision on approval or denial of a loan guarantee application; (8) war risk insurance; and (9) maritime education and training. Directs the Secretary to conduct a comprehensive assessment of the human capital and other resource needs in connection with the loan guarantee program. Amends other Federal law with respect to: (1) the prohibition against carrying government impelled cargoes for vessels with substandard security measures; (2) the authority to convey obsolete vessels to U.S. territories and foreign countries for reefing; and (3) maintenance of current Saint Lawrence Seaway Development Corporation safety responsbilities. Authorizes the Maritime Administration to deposit into its operations and training account and use the amount it received as insurance proceeds as a result of a specified fire at the United States Merchant Marine Academy, Fitch Building. Declares that the Vessel Operations Revolving Fund shall be credited with amounts received by the United States from final judgments and dispute settlements that arise from the operation of vessels in the National Defense Reserve Fleet, including the Ready Reserve Force.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 3 November 2003

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• Reported to Senate (PDF)

  Reported to Senate · EN · 3 November 2003

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• Reported to Senate with amendment(s)

  summary · EN · 3 November 2003

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• Introduced in Senate (text)

  Introduced in Senate · EN · 13 June 2003

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 13 June 2003

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• Introduced in Senate

  summary · EN · 13 June 2003

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