HR 5274 · 93th Congress · Transportation and Public Works

A bill to amend section 40(b) of the Merchant Marine Act of 1970.

Introduced 1973-03-07· Sponsored by Rep. Clark, Frank M. [D-PA-25]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Merchant Marine and Fisheries.(1973-03-07)

Plain Language Summary

[AI summary unavailable — showing source text] Makes the restriction of the Merchant Marine Act of 1936 against taking into account for subsidy accounting purposes any salary for personal services in excess of $25,000, inapplicable to operators whose operating differential subsidy contracts terminated within 12 months prior to October 21, 1970. (Amends 46 U.S.C. 1173 ut)…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (11)

5 Democrats5 Republicans1 Independent