A bill to authorize appropriations for the fiscal year 1975 for certain maritime programs of the Department of Commerce.

[AI summary unavailable — showing source text] Authorizes appropriations for fiscal year 1975 for the following programs of the Department of Commerce: (1) $275,000,000 for shipbuilding or acquisition; (2) $242,800,000 for payment of obligations incurred for ship operating-differential subsidy; (3) $27,900,000 for expenses necessary for research and development activities; (4) $3,742,000 for reserve fleet expenses; (5) $10,518,000 for maritime training at the Merchant Marine Academy; and (6) $2,973,000 for financial assistance to State Marine Schools. Authorizes additional appropriations for the above programs for fiscal year 1975 as may be necessary for increases in salary, pay, retirement, or other employee benefits authorized by law.…