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46 U.S.C. § 55304 — Exports financed by the United States Government

Federal law — U.S. Code and appendices · legal_authorities

46 U.S.C. § 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.

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Source location: Title 46, Chapter 553, § 55304; chapter-553-passenger-and-cargo-preferences.md

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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.

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Federal law — U.S. Code and appendices · legal_authorities

46 U.S.C. § 55304 — Exports financed by the United States

§ 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 Gov- ernment to foster the exporting of agricultural or other products shall provide that the prod- ucts 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 avail- able in sufficient number, in sufficient tonnage capacity, on necessary schedules, or at reason- able 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 Con- gress’’ provision in any way. The words ‘‘Reconstruc- tion 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.). § 55305. Cargoes procured, furnished, or financed by the United States Government (a) MINIMUM TONNAGE.—When the United States Government procures, contracts for, or otherwise obtains for its own account, or fur- nishes to or for the account of a foreign country, organization, or persons without provision for reimbursement, any equipment, materials, or commodities, or provides finan

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