FEDERAL · 46 U.S.C. · Chapter 534
Award of operating agreements
Current through Pub. L. 119-102
(a)In General.—The Secretary of Transportation shall require, as a condition of including any vessel in the Fleet, that the program participant of the vessel enter into an operating agreement with the Secretary under this section.
(b)Procedure for Applications.—
(1)Eligible vessels.—The Secretary of Transportation shall accept an application for an operating agreement for an eligible product tank vessel under the priority under paragraph (2) only from a person that has authority to enter into an operating agreement under this chapter.
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History
(Added Pub. L. 116–283, div. C, title XXXV, §3511(a), Jan. 1, 2021, 134 Stat. 4412; amended Pub. L. 117–263, div. C, title XXXV, §3501(b)(2), Dec. 23, 2022, 136 Stat. 3064.)
Editorial Notes
Editorial Notes
Amendments
2022—Subsec. (c). Pub. L. 117–263 substituted "The Secretary" for "For any fiscal year, the Secretary" and "more than—" for "more than 10 vessels", designated existing provisions as introductory provisions, and added pars. (1) and (2).
Amendments
2022—Subsec. (c). Pub. L. 117–263 substituted "The Secretary" for "For any fiscal year, the Secretary" and "more than—" for "more than 10 vessels", designated existing provisions as introductory provisions, and added pars. (1) and (2).