[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2674 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 2674

     To authorize issuance of a certificate of documentation with 
 appropriate endorsement for employment in the coastwise trade for the 
                          vessel PRINCE NOVA.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 9, 1997

Mr. Gejdenson introduced the following bill; which was referred to the 
             Committee on Transportation and Infrastructure

_______________________________________________________________________

                                 A BILL


 
     To authorize issuance of a certificate of documentation with 
 appropriate endorsement for employment in the coastwise trade for the 
                          vessel PRINCE NOVA.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. DOCUMENTATION OF THE VESSEL PRINCE NOVA.

    (a) Documentation Authorized.--Notwithstanding section 27 of the 
Merchant Marine Act, 1920 (46 App. U.S.C. 883), section 8 of the Act of 
June 19, 1886 (46 App. U.S.C. 289), and section 12106 of title 46, 
United States Code, the Secretary of Transportation may issue a 
certificate of documentation with appropriate endorsement for 
employment in the coastwise trade for the vessel PRINCE NOVA (Canadian 
registration number 320804).
    (b) Termination of Effectiveness of Certificates.--A certificate of 
documentation issued for the vessel under subsection (a) shall expire 
unless--
            (1) the vessel undergoes conversion, reconstruction, 
        repair, rebuilding, or retrofitting in a shipyard located in 
        the United States;
            (2) the cost of that conversion, reconstruction, repair, 
        rebuilding, or retrofitting is not less than the greater of--
                    (A) three times the purchase value of the vessel 
                before the conversion, reconstruction, repair, 
                rebuilding, or retrofitting; or
                    (B) $4,200,000; and
            (3) not less than an average of $1,000,000 is spent 
        annually in a shipyard located in the United States for 
        conversion, reconstruction, repair, rebuilding, or retrofitting 
        of the vessel until the total amount of the cost required under 
        paragraph (2) is spent.
                                 <all>