[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 1349 Enrolled Bill (ENR)]

        S.1349

                       One Hundred Fifth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

          Begun and held at the City of Washington on Tuesday,
the twenty-seventh day of January, one thousand nine hundred and ninety-
                                  eight


                                 An Act


 
 To authorize the Secretary of Transportation to issue a certificate of 
    documentation with appropriate endorsement for employment in the 
   coastwise trade for the vessel PRINCE NOVA, and for other purposes.

    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 U.S.C. App. 883), section 8 of the Act of 
June 19, 1886 (24 Stat. 81, chapter 421; 46 U.S.C. App. 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) Expiration of Certificate.--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) 3 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.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.