HR 5274 · 93th Congress · Transportation and Public Works
A bill to amend section 40(b) of the Merchant Marine Act of 1970.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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