Title 22Foreign Relations and IntercourseRelease 119-73

§2399d Shipping differential

Title 22 › Chapter CHAPTER 32— - FOREIGN ASSISTANCE › Subchapter SUBCHAPTER III— - GENERAL AND ADMINISTRATIVE PROVISIONS › Part Part II— - Administrative Provisions › § 2399d

Last updated Apr 6, 2026|Official source

Summary

Funds for parts of this chapter may pay grants to cover differences the Secretary of Commerce finds between U.S. and foreign-flag charter or freight rates, and grants must be paid in U.S.-owned foreign currencies when feasible.

Full Legal Text

Title 22, §2399d

Foreign Relations and Intercourse — Source: USLM XML via OLRC

For the purpose of facilitating implementation of section 55305 of title 46, funds made available for the purposes of part I of subchapter I of this chapter or for purposes of part IV of subchapter II of this chapter may be used to make grants to recipients to pay all or any portion of such differential as is determined by the Secretary of Commerce to exist between United States and foreign-flag vessel charter or freight rates. Grants made under this section shall be paid with United States-owned foreign currencies wherever feasible.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification In text, “section 55305 of title 46” substituted for “section 901(b) of the Merchant Marine Act, 1936 (46 U.S.C. 1241(b))” on authority of Pub. L. 109–304, § 18(c), Oct. 6, 2006, 120 Stat. 1709, which Act enacted section 55305 of Title 46, Shipping.

Amendments

1980—Pub. L. 96–533 substituted “part IV of subchapter II of this chapter” for “subchapter IV of this chapter”.

Statutory Notes and Related Subsidiaries

References to Part I Deemed To Include section 2293References to part I of subchapter I of this chapter are deemed to include a reference to section 2293 of this title. See section 2293(d)(1) of this title.

Reference

Citations & Metadata

Citation

22 U.S.C. § 2399d

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73