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§57516 Operating-differential subsidies

Title 46 › Subtitle Subtitle V— - Merchant Marine › Part Part F— - Government-Owned Merchant Vessels › Chapter CHAPTER 575— - CONSTRUCTION, CHARTER, AND SALE OF VESSELS › Subchapter SUBCHAPTER II— - CHARTERS › § 57516

Last updated Apr 6, 2026|Official source

Summary

If needed, the Secretary may contract a charterer of a government vessel for the same operating-differential subsidy terms as private operators.

Full Legal Text

Title 46, §57516

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If the Secretary of Transportation considers it necessary, the Secretary may make a contract with a charterer of a vessel owned by the Secretary for payment of an operating-differential subsidy, on the same terms and conditions, and subject to the same limitations and restrictions, as otherwise provided with respect to payment of operating-differential subsidies to operators of privately-owned vessels.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 5751646 App.:1198.June 29, 1936, ch. 858, title VII, § 708, 49 Stat. 2009; June 23, 1938, ch. 600, § 31, 52 Stat. 962; Pub. L. 97–31, § 12(110), Aug. 6, 1981, 95 Stat. 163.

Reference

Citations & Metadata

Citation

46 U.S.C. § 57516

Title 46Shipping

Last Updated

Apr 6, 2026

Release point: 119-73