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§53411 Authorization of Appropriations

Title 46 › Subtitle Subtitle V— Merchant Marine › Part C— Financial Assistance Programs › Chapter 534— TANKER SECURITY FLEET › § 53411

Last updated Apr 5, 2026|Official source

Summary

Money is set aside to pay what section 53406 requires. The funds will stay available until spent: $122,400,000 for fiscal years 2025–2026; $167,600,000 for 2027–2028; $172,120,000 for 2029–2030; $176,780,000 for 2031–2032; $181,560,000 for 2033–2034; $186,460,000 for 2035–2036; $191,480,000 for 2037–2038; and $196,660,000 for 2039–2040.

Full Legal Text

Title 46, §53411

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There are authorized to be appropriated for payments under section 53406, amounts as follows, to remain available until expended:
(1)$122,400,000 for each of fiscal years 2025 and 2026.
(2)$167,600,000 for each of fiscal years 2027 and 2028.
(3)$172,120,000 for each of fiscal years 2029 and 2030.
(4)$176,780,000 for each of fiscal years 2031 and 2032.
(5)$181,560,000 for each of fiscal years 2033 and 2034.
(6)$186,460,000 for each of fiscal years 2035 and 2036.
(7)$191,480,000 for each of fiscal years 2037 and 2038.
(8)$196,660,000 for each of fiscal years 2039 and 2040.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2024—Pub. L. 118–159 amended section generally. Prior to amendment, text read as follows: “There is authorized to be appropriated for payments under section 53406, $60,000,000 for each of fiscal years 2022 and 2023, and $120,000,000 for fiscal years 2024 through 2035, to remain available until expended.” 2022—Pub. L. 117–263 substituted “and 2023, and $120,000,000 for fiscal years 2024 through 2035” for “through 2035”.

Reference

Citations & Metadata

Citation

46 U.S.C. § 53411

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Last Updated

Apr 5, 2026

Release point: 119-73not60