Fair Preference Act of 1985

[AI summary unavailable — showing source text] Fair Preference Act of 1985 - Amends the Merchant Marine Act, 1936 to provide that to be considered available and therefore qualified for cargo preference, a vessel must be: (1) less than 15 years of age or able to provide full commercial insurability; (2) available for loading within ten days of the specified loading date; (3) suitable, in terms of type, size, and ability to discharge cargo; and (4) able to be booked at a specified rate.…