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46 U.S.C. § 57302

Authority to acquire vessels

Ch. 573 — VESSEL TRADE-IN PROGRAM
Title 46 U.S.C. ● ACTIVE Primary Source Ch. 573
Statutory Text

46 U.S.C. § 57302 — Authority to acquire vessels

U.S.C. Title 46 - SHIPPING 46 U.S.C. United States Code, 2023 Edition Title 46 - SHIPPING Subtitle V - Merchant Marine Part F - Government-Owned Merchant Vessels CHAPTER 573 - VESSEL TRADE-IN PROGRAM Sec. 57302 - Authority to acquire vessels From the U.S. Government Publishing Office, www.gpo.gov

§57302. Authority to acquire vessels

To promote the construction of new, safe, and efficient vessels to carry the domestic and foreign waterborne commerce of the United States, the Secretary of Transportation may acquire an obsolete vessel in exchange for an allowance of credit toward the cost of construction or purchase of a new vessel as provided in this chapter.

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1662.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

57302 46 App.:1160(b) (1st, last sentences). June 29, 1936, ch. 858, title V, §510(b) (1st, last sentences), as added Aug. 4, 1939, ch. 417, §7, 53 Stat. 1184; Pub. L. 87–401, subdiv. (1), Oct. 5, 1961, 75 Stat. 833; Pub. L. 91–469, §35(a), Oct. 21, 1970, 84 Stat. 1035; Pub. L. 97–31, §12(91), Aug. 6, 1981, 95 Stat. 161.

The words "toward the cost of construction or purchase of a new vessel" are added for clarity. The text of 46 App. U.S.C. 1160(b) (last sentence) is omitted as obsolete.

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC46-SEC-B28512
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Citation
46 U.S.C. § 57302
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Federal — United States
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PRIMARY-SOURCE
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955af09270d880d8...
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The statutory text of 46 U.S.C. § 57302 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Ch. 573 — VESSEL TRADE-IN PROGRAM
46 U.S.C. § 5730146 U.S.C. § 5730246 U.S.C. § 5730346 U.S.C. § 5730446 U.S.C. § 5730546 U.S.C. § 5730646 U.S.C. § 5730746 U.S.C. § 57308
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