Amends the Merchant Marine Act, 1936, to include on the list of ships eligible to establish a capital construction fund certain ships involved in international trade. Adjusts the amounts to be deposited by specified individuals in such fund.
Redefines "eligible vessel," "qualified vessel," and "foreign fishing corporation" for the purposes of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Merchant Marine and Fisheries.
Executive Comment Requested from Commerce, Treasury.
Referred to Subcommittee on Merchant Marine.
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