Operating-differential subsidies

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§57516. Operating-differential subsidies

If the Secretary of Transportation considers it necessary, the Secretary may make a contract with a charterer of a vessel owned by the Secretary for payment of an operating-differential subsidy, on the same terms and conditions, and subject to the same limitations and restrictions, as otherwise provided with respect to payment of operating-differential subsidies to operators of privately-owned vessels.

( Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1667 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
57516 46 App.:1198. June 29, 1936, ch. 858, title VII, §708, 49 Stat. 2009 ; June 23, 1938, ch. 600, §31, 52 Stat. 962 ; Pub. L. 97–31, §12(110), Aug. 6, 1981, 95 Stat. 163 .


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