113 HR 4770 IH: Coast Guard Regulation Relief Act of 2014 U.S. House of Representatives 2014-05-29 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 113th CONGRESS 2d Session H. R. 4770 IN THE HOUSE OF REPRESENTATIVES May 29, 2014 Mr. Murphy of Florida introduced the following bill; which was referred to the Committee on Transportation and Infrastructure A BILL To amend title 46, United States Code, with respect to notices of claim of maritime lien, and for other purposes.

1.

Short title

This Act may be cited as the Coast Guard Regulation Relief Act of 2014.

2.

Notices of claim of maritime lien

Section 31343 of title 46, United States Code, is amended by striking subsection (e) and inserting the following: (e) (1)A notice of claim of lien recorded under subsection (b) shall expire 3 years after the date on which such notice is recorded. (2)A person may re-record a notice that has expired under paragraph (1) or (3) if the person submits to the Secretary a declaration stating that the information in the notice remains true and correct to the best of the knowledge, information, and belief of the person. (3)A notice re-recorded under paragraph (2) shall expire 3 years after the date on which such notice was last re-recorded. (4)Expiration of a notice under this subsection may not be construed to have any effect on the validity of a claim of lien..