46 Usc 55304

46 USC 55304.pdf

Ocean Shipments Moving Under Export-Import Bank Financing (Formerly, Monthly Report of Ocean Shipments Moving Under Export-Import Bank Financing)

46 USC 55304

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46 USC 55304
NB: This unofficial compilation of the U.S. Code is current as of Jan. 5, 2009 (see http://www.law.cornell.edu/uscode/uscprint.html).

TITLE 46 - SHIPPING
Subtitle V - Merchant Marine
Part D - Promotional Programs
CHAPTER 553 - PASSENGER AND CARGO PREFERENCES
SUBCHAPTER I - GENERAL
§ 55304. Exports financed by the United States Government

It is the sense of Congress that any loans made by an instrumentality of the United States
Government to foster the exporting of agricultural or other products shall provide that the products
may be transported only on vessels of the United States unless, as to any or all of those products, the
Secretary of Transportation, after investigation, certifies to the instrumentality that vessels of the
United States are not available in sufficient number, in sufficient tonnage capacity, on necessary
schedules, or at reasonable rates.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1642.)
Historical and Revision Notes
Revised Section

Source (U.S. Code)

Source (Statutes at Large)

55304
46 App.:1241–1.
Mar. 26, 1934, ch. 90, 48 Stat. 500; June 29, 1936, ch. 858, § 204, 49 Stat.
1987; Pub. L. 97–31, § 12(127), Aug. 6, 1981, 95 Stat. 165.

This section codifies the Joint Resolution of March 26, 1934 (ch. 90, 48 Stat. 500) (also commonly known
as Public Resolution 17). The codification of this provision is not intended to change its status as a “Sense
of Congress” provision in any way. The words “Reconstruction Finance Corporation or” are omitted as
obsolete because the Reconstruction Finance Corporation was abolished by section 6 of Reorganization
Plan No. 1 of 1957 (5 App. U.S.C.).

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