PlainBillCongress, translated.Legislation. Context. Public interest.Placed on Senate Legislative Calendar under General Orders. Calendar No. 556.
Congressional Research Service
Version 00 · Introduced in Senate · May 22, 1998
Authorizes specified appropriations for the Maritime Administration of the Department of Transportation for: (1) operations and training (including a discretionary set-aside for a maritime information clearinghouse); and (2) loan guarantee program expenses. Authorizes the Secretary of Transportation to convey named vessels to: (1) a specified corporation for use as a floating trade exposition to showcase U.S. technology, products, and services; and (2) a purchaser for reconstruction for sale or charter. Amends the Merchant Marine Act of 1936 with respect to obsolete vessel sales to provide that: (1) net proceeds of sales shall be credited to the Vessels Operation Revolving Fund; and (2) costs of sales in excess of proceeds may be paid from the Fund from the balance of such sales. Amends Federal law to authorize the transfer of Fund amounts derived from obsolete vessel sales to the operations and training account of the Maritime Administration for specified purposes.
People & committees
Sen. Hutchison, Kay Bailey [R-TX] · R–TX
Legislative record
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 556.
Committee on Commerce. Reported to Senate by Senator McCain with amendments. With written report No. 105-317.
Committee on Commerce. Reported to Senate by Senator McCain with amendments. With written report No. 105-317.
Committee on Commerce. Ordered to be reported with amendments favorably.
Read twice and referred to the Committee on Commerce.
Introduced in Senate
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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