To amend title 12 of the Merchant Marine Act, 1936, in order to remove certain limitations with respect to war risk insurance issued under the provisions of such title. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 1209 War risk in (a) (2) of the Merchant Marine Act, 1936, is amended (1) in the first sentence by striking out all beginning with "Provided. however" through "Provided further" and inserting in lieu thereof “Provided"; and (2) in the second sentence by striking out all beginning with "Provided, however" through "And provided further” and insert in lieu thereof "Provided": SEC. 2. The amendments made by this Act shall be applicable to war risk insurance coverage attaching after the date of enactment. Approved August 22, 1964. surance. Limitations, removal. 70 Stat. 984, 46 USC 1289. LEGISLATIVE HISTORY: HOUSE REPORT No. 1705 (Comm. on Merchant Marine & Fisheries). CONGRESSIONAL RECORD; Vol. 109 (1963): Dec. 5, considered and passed Senate. 88th Congress, S. 1006 An Act 78 STAT. 614. To amend the Act of June 12, 1960, for the correction of inequities in the construction of fishing vessels, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act of United States June 12, 1960, as amended, may be cited as the "United States Fishing Fishing Fleet Fleet Improvement Act". Improvement Act, 46 USC 14011413. SEC. 2. The Act of June 12, 1960 (74 Stat. 212), is amended follows: (1) Strike out the first section and insert in lieu thereof the following: "That in order to correct inequities in the construction of fishing ves- Construction sels of the United States, the Secretary of the Interior is authorized subsidies. to pay in accordance with this Act a subsidy for the construction of such vessels in the shipyards of the United States."; (2) in section 2 delete the word "and" at the end of subsection (6); add a new subsection (7) as follows: "(7) the vessel will be of advance design, which will enable it to operate in expanded areas, and be equipped with newly developed gear, and will not operate in a fishery, if such operation would cause economic hardship to efficient vessel operators already operating in that fishery, and", and renumber the present subsection (7) as subsection (8); (3) amend section 3 by inserting "after notice and hearing," following the words "of his discretion,"; (4) delete section 4; (5) in section 5, delete the phrase "333 per centum" and substitute "50 per cent"; (6) amend section 9 to read: "SEC. 9. The Secretary of the Interior, in the exercise of his dis- Transfers to cretion, after notice and hearing, may approve the transfer of a vessel other fisheries. constructed with the aid of a construction subsidy, whose operations have become uneconomical or less economical because of an actual decline in the particular fishery for which it was designed, to another fishery where he determines that such transfer would not cause economic hardship or injury to efficient vessel operators already operating in that fishery. If any fishing vessel constructed with the aid of a construction subsidy in accordance with the provisions of this Act, as amended, is operated during its useful life, as determined by the Secretary, contrary to the provisions of this Act or any regulations issued thereunder, the owner of such vessel shall repay to the Secretary, in accordance with such terms and conditions as the Secretary shall prescribe an amount not to exceed the total depreciated construction subsidy paid by the Secretary pursuant to this Act and this shall constitute a maritime lien against such vessel. The obligations under this section shall run with the title to the vessel."; 78 STAT. 614. (7) in section 12, delete "$2,500,000" and substitute "$10,000,000"; and (8) amend section 13 to read: "SEC. 13. No application for a subsidy for the construction of Expiration date. fishing vessel may be accepted by the Secretary after June 30, 1969.* Approved August 30, 1964. LEGISLATIVE HISTORY: HOUSE REPORT No. 1524 (Comm. on Merchant Marine & Fisheries). CONGRESSIONAL RECORD1 Vol. 109 (1963): Oct. 1, considered in Senate, Oct. 2, considered and passed Senate. Vol. 110 (1964): Aug. 14, considered and passed House, amended. 88th Congress, H. R. 7662 An Act 78 STAT. 666. To amend the Federal Employees' Compensation Act, as amended, to provide appeal rights to employees of the Canal Zone Government and the l'anama Canal Company. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 42 of Canal Zone the Federal Employees' Compensation Act (39 Stat. 750; 5 U.S.C. employees. 793), as amended, is amended by adding at the end of the second para- Appeal rights. graph the following: "The same right of appeal shall exist respecting claims filed by employees of the Canal Zone Government and of the Panama Canal Company or their dependents in case of death, as is provided with respect to the claims of other employees of the Federal Government, under the provisions of section 3 of Reorganization Plan Numbered 2 of 1946 (60 Stat. 1095), and the Appeals Board estab- 5 USC 133y-16 lished pursuant to such reorganization plan shall have jurisdiction, note. under regulations prescribed by the Secretary of Labor, over appeals relating to claims of such employees or their dependents." Approved August 30, 1964. LEGISLATIVE HISTORY: HOUSE REPORT No. 1625 (Comm. on Education & Labor). Aug. 3: Considered and passed House. To establish a land and water conservation fund to assist the States and Federal agencies in meeting present and future outdoor recreation demands and needs of the American people, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, TITLE II-MOTORBOAT FUEL TAX PROVISIONS TRANSFERS TO AND FROM LAND AND WATER CONSERVATION FUND SEC. 201. (a) There shall be set aside in the land and water conservation fund in the Treasury of the United States provided for in title I of this Act the amounts specified in section 209 (f) (5) of the Highway Revenue Act of 1956 (relating to special motor fuels and gasoline used in motorboats). (b) There shall be paid from time to time from the land and water conservation fund into the general fund of the Treasury amounts estimated by the Secretary of the Treasury as equivalent to (1) the amounts paid before July 1, 1973, under section 6421 of the Internal Revenue Code of 1954 (relating to amounts paid in respect of gasoline used for certain nonhighway purposes or by local transit systems) with respect to gasoline used after December 31, 1964, in motorboats, on the basis of claims filed for periods ending before October 1, 1972; and (2) 80 percent of the floor stocks refunds made before July 1, 1973, under section 6412 (a) (2) of such Code with respect to gasoline to be used in motorboats. AMENDMENTS TO HIGHWAY REVENUE ACT OF 1956 SEC. 202. (a) Section 209 (f) of the Highway Revenue Act of 1956 (relating to expenditures from highway trust fund) is amended by adding at the end thereof the following new paragraph: "(5) TRANSFERS FROM THE TRUST FUND FOR SPECIAL MOTOR FUELS AND GASOLINE USED IN MOTORBOATS.-The Secretary of the Treasury shall pay from time to time from the trust fund into the land and water conservation fund provided for in title I of the Land and Water Conservation Fund Act of 1965 amounts as determined by him in consultation with the Secretary of Commerce equivalent to the taxes received, on or after January 1, 1965, under section 4041 (b) of the Internal Revenue Code of 1954 with respect to special motor fuels used as fuel for the propulsion of motorboats and under section 4081 of such Code with respect to gasoline used as fuel in motorboats." (b) Section 209 (f) of such Act is further amended (1) by adding at the end of paragraph (3) the following new sentence: "This paragraph shall not apply to amounts estimated by the Secretary of the Treasury as paid under section 6421 of such Code with respect to gasoline used after December 31, 1964, in motorboats."; and (2) by inserting after "such Code" in paragraph (4) (C) the following: "(other than gasoline to be used in motorboats, as estimated by the Secretary of the Treasury)". Approved September 3, 1964. Infra. 70 Stat. 394. 26 USC 6421. 70 Stat. 393. 26 USC 6412. 70 Stat. 397. 68A Stat. 478; 70 Stat. 387. 26 USC 4041. 70 Stat. 389. 26 USC 4081. |