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United States · Bill · S

S. 937 (106th)

Maritime Administration Authorization Act for Fiscal Year 2000

openUnited States· United States Congress· EN

Introduced

3 May 1999

Last action

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 220.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Maritime Administration Authorization Act for Fiscal Years 2000 and 2001 - Authorizes appropriations for the Maritime Administration for: (1) operations and training activities; and (2) the costs of guaranteed loans authorized by the Merchant Marine Act, 1936, as well as for administrative expenses related to loan guarantee commitments. (Sec. 3) Amends the Merchant Marine Act, 1936 to revise loan guarantee escrow fund provisions. Establishes a Treasury fund to hold related collateral, and provides for Secretary-obligor reserve funds. (Sec. 4) Exempts certain foreign-origin dry bulk and breakbulk cargo vessels that have transferred to United States flag registry from the three-year restriction on carrying U.S.- procured, furnished, or financially supported cargo (including agricultural cargo). (Sec. 5) Extends war risk insurance authority. (Sec. 6) Reduces specified United States Maritime Administration reporting requirements. (Sec. 7) Amends Federal law to list one of three specified vessels that may be exempted from provisions relating to inspection and regulation of vessels as belonging to the National Liberty Ship Memorial, Inc., rather than to the United States Maritime Administration.

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Documents

6 official files

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