[105th Congress Public Law 157]
[From the U.S. Government Printing Office]


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[DOCID: f:publ157.105]


[[Page 112 STAT. 14]]

Public Law 105-157
105th Congress

                                 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. <<NOTE: Feb. 11, 1998 -  [S. 1349]>> 

    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

[[Page 112 STAT. 15]]

            (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.

    Approved February 11, 1998.

LEGISLATIVE HISTORY--S. 1349:
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CONGRESSIONAL RECORD:
                                                        Vol. 143 (1997):
                                    Nov. 13, considered and passed 
                                        Senate.
                                                        Vol. 144 (1998):
                                    Feb. 3, considered and passed House.

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