Browse Arkansas Code titles and sections
46 U.S.C. § 53501 — Definitions
Federal law — U.S. Code and appendices · legal_authorities
In this chapter:
(1) **Agreement vessel.—** — The term “agreement vessel” means—
(A) an eligible vessel or a qualified vessel that is subject to an agreement under this chapter; and
(B) a barge or container that is part of the complement of a vessel described in subparagraph (A) if provided for in the agreement.
(2) **Eligible vessel.—** — The term “eligible vessel” means—
(A) a vessel—
(i) constructed in the United States (and, if reconstructed, reconstructed in the United States), constructed outside the United States but documented under the laws of the United States on April 15, 1970, or constructed outside the United States for use in the United States foreign trade pursuant to a contract made before April 15, 1970;
(ii) documented under the laws of the United States; and
(iii) operated in the foreign or domestic trade of the United States or in the fisheries of the United States; and
(B) a commercial fishing vessel—
(i) constructed in the United States and, if reconstructed, reconstructed in the United States;
(ii) of at least 2 net tons but less than 5 net tons;
(iii) owned by a citizen of the United States;
(iv) having its home port in the United States; and
(v) operated in the commercial fisheries of the United States.
(3) **Joint regulations.—** — The term “joint regulations” means regulations prescribed jointly by the Secretary and the Secretary of the Treasury under [section 53502(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title46-section53502/b&num=0&edition=prelim).
(4) **Noncontiguous trade.—** — The term “noncontiguous trade” means—
(A) trade between—
(i) one of the contiguous 48 States; and
(ii) Alaska, Hawaii, Puerto Rico, or an insular territory or
Source: Supplied U.S. Code snapshot — release unconfirmed · 46 U.S.C. § 53501
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 0ea5f1fb2d439e3e5b3b12c5a2aefda52934511f4ea65ebe003879148886f148. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_0c7f25a23615a007e084d4d0
Source file: Laws/federal/codes/united-states-code/title-46/section-53501-definitions--7122749693.md
Pages: Not recorded – Not recorded
Passage SHA-256: 21cc35f92cb5a1b2ce7db9b7c90a6258a9df70247d660a1f86ad73b38c684f2e
Source location: Title 46, Chapter 535, § 53501; chapter-535-capital-construction-funds.md
Stored source content
In this chapter:
(1) **Agreement vessel.—** — The term “agreement vessel” means—
(A) an eligible vessel or a qualified vessel that is subject to an agreement under this chapter; and
(B) a barge or container that is part of the complement of a vessel described in subparagraph (A) if provided for in the agreement.
(2) **Eligible vessel.—** — The term “eligible vessel” means—
(A) a vessel—
(i) constructed in the United States (and, if reconstructed, reconstructed in the United States), constructed outside the United States but documented under the laws of the United States on April 15, 1970, or constructed outside the United States for use in the United States foreign trade pursuant to a contract made before April 15, 1970;
(ii) documented under the laws of the United States; and
(iii) operated in the foreign or domestic trade of the United States or in the fisheries of the United States; and
(B) a commercial fishing vessel—
(i) constructed in the United States and, if reconstructed, reconstructed in the United States;
(ii) of at least 2 net tons but less than 5 net tons;
(iii) owned by a citizen of the United States;
(iv) having its home port in the United States; and
(v) operated in the commercial fisheries of the United States.
(3) **Joint regulations.—** — The term “joint regulations” means regulations prescribed jointly by the Secretary and the Secretary of the Treasury under [section 53502(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title46-section53502/b&num=0&edition=prelim).
(4) **Noncontiguous trade.—** — The term “noncontiguous trade” means—
(A) trade between—
(i) one of the contiguous 48 States; and
(ii) Alaska, Hawaii, Puerto Rico, or an insular territory or possession of the United States; and
(B) trade between—
(i) a place in Alaska, Hawaii, Puerto Rico, or an insular territory or possession of the United States; and
(ii) another place in Alaska, Hawaii, Puerto Rico, or an insular territory or possession of the United States.
(5) **Qualified vessel.—** — The term “qualified vessel” means—
(A) a vessel—
(i) constructed in the United States (and, if reconstructed, reconstructed in the United States), constructed outside the United States but documented under the laws of the United States on April 15, 1970, or constructed outside the United States for use in the United States foreign trade pursuant to a contract made before April 15, 1970;
(ii) documented under the laws of the United States; and
(iii) agreed, between the Secretary and the person maintaining the capital construction fund established under [section 53503 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title46-section53503&num=0&edition=prelim), to be operated in the foreign or domestic trade of the United States or in the fisheries of the United States; and
(B) a commercial fishing vessel—
(i) constructed in the United States and, if reconstructed, reconstructed in the United States;
(ii) of at least 2 net tons but less than 5 net tons;
(iii) owned by a citizen of the United States;
(iv) having its home port in the United States; and
(v) operated in the commercial fisheries of the United States.
(6) **Secretary.—** — The term “Secretary” means—
(A) the Secretary of Commerce with respect to an eligible vessel or a qualified vessel operated or to be operated in the fisheries of the United States; and
(B) the Secretary of Transportation with respect to other vessels.
(7) **Short sea transportation trade.—** — The term “short sea transportation trade” means the carriage by vessel of cargo—
(A) that is—
(i) contained in intermodal cargo containers and loaded by crane on the vessel; or
(ii) loaded on the vessel by means of wheeled technology; and
(B) that is—
(i) loaded at a port in the United States and unloaded either at another port in the United States or at a port in Canada located in the Great Lakes Saint Lawrence Seaway System; or
(ii) loaded at a port in Canada located in the Great Lakes Saint Lawrence Seaway System and unloaded at a port in the United States.
(8) **United states foreign trade.—** — The term “United States foreign trade” includes those areas in domestic trade in which a vessel built with a construction-differential subsidy is allowed to operate under the first sentence of section 506 of the Merchant Marine Act, 1936.
(9) **Vessel.—** — The term “vessel” includes—
(A) cargo handling equipment that the Secretary determines is intended for use primarily on the vessel; and
(B) an ocean-going towing vessel, an ocean-going barge, or a comparable towing vessel or barge operated on the Great Lakes.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** To the maximum extent practicable, the Architect of the Capitol shall include energy efficiency and conservation measures, greenhouse gas emission reduction measures, and other appropriate environmental measures in the Capitol Complex Master Plan.
**(b) Report** Not later than 6 months after December 19, 2007, the Architect of the Capitol shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Rules and Administration of the Senate, a report on the energy efficiency and conservation measures, greenhouse gas emission reduction measures, and other appropriate environmental measures included in the Capitol Complex Master Plan pursuant to subsection (a).
Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 1824
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
In this chapter:
(1) **Bulk cargo.—** — The term “bulk cargo” means cargo that is loaded and carried in bulk without mark or count.
(2) **Contractor.—** — The term “contractor” means an owner or operator of a vessel that enters into an operating agreement for the vessel with the Secretary under section 53103.
(3) **Fleet.—** — The term “Fleet” means the Maritime Security Fleet established under section 53102(a).
(4) **Foreign commerce.—** — The term “foreign commerce” means—
(A) commerce or trade between the United States, its territories or possessions, or the District of Columbia, and a foreign country; and
(B) commerce or trade between foreign countries.
(5) **Participating fleet vessel.—** — The term “participating fleet vessel” means any vessel that—
(A) on October 1, 2015—
(i) meets the requirements of paragraph (1), (2), (3), or (4) of section 53102(c); and
(ii) is less than 20 years of age if the vessel is a tank vessel, or is less than 25 years of age for all other vessel types; and
(B) on December 31, 2014, is covered by an operating agreement under this chapter.
(6) **Person.—** — The term “person” includes corporations, partnerships, and associations existing under or authorized by the laws of the United States, or any State, Territory, District, or possession thereof, or of any foreign country.
(7) **Product tank vessel.—** — The term “product tank vessel” means a double hulled tank vessel capable of carrying simultaneously more than 2 separated grades of refined petroleum products.
(8) **Secretary.—** — The term “Secretary” means the Secretary of Transportation.
(9) **Tank vessel.—** — The term “tank vessel” has the meaning that term has under [section 2101 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-
Source: Supplied U.S. Code snapshot — release unconfirmed · 46 U.S.C. § 53101
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) In General.—** A citizen of the United States owning or leasing an eligible vessel may make an agreement with the Secretary under this chapter to establish a capital construction fund for the vessel.
**(b) Allowable Purpose.—** The purpose of the agreement shall be to provide replacement vessels, additional vessels, or reconstructed vessels, built in the United States and documented under the laws of the United States, for operation in the foreign or domestic trade of the United States or in the fisheries of the United States.
Source: Supplied U.S. Code snapshot — release unconfirmed · 46 U.S.C. § 53503
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Ceiling on deposits**
(1) **In general** — The amount deposited in a fund established under chapter 535 of title 46 of the United States Code (hereinafter in this section referred to as a “capital construction fund”) shall not exceed for any taxable year the sum of:
(A) that portion of the taxable income of the owner or lessee for such year (computed as provided in chapter 1 but without regard to the carryback of any net operating loss or net capital loss and without regard to this section) which is attributable to the operation of the agreement vessels in the foreign or domestic commerce of the United States or in the fisheries of the United States,
(B) the amount allowable as a deduction under section 167 for such year with respect to the agreement vessels,
(C) if the transaction is not taken into account for purposes of subparagraph (A), the net proceeds (as defined in joint regulations) from—
(i) the sale or other disposition of any agreement vessel, or
(ii) insurance or indemnity attributable to any agreement vessel, and
(D) the receipts from the investment or reinvestment of amounts held in such fund.
(2) **Limitations on deposits by lessees** — In the case of a lessee, the maximum amount which may be deposited with respect to an agreement vessel by reason of paragraph (1)(B) for any period shall be reduced by any amount which, under an agreement entered into under chapter 535 of title 46, United States Code, the owner is required or permitted to deposit for such period with respect to such vessel by reason of paragraph (1)(B).
(3) **Certain barges and containers included** — For purposes of paragraph (1), the term “agreement vessel” includes barges and containers which are part of the complement of such vessel and which are provided
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 7518
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 425
TITLE 46—SHIPPING
§ 53501
pant for the vessel has entered into an arrange-
ment to obtain and operate under the operating
agreement for the participating Fleet vessel a
replacement vessel that, upon commencement of
such operation, will be eligible to be included in
the Fleet under section 53402(b) of this title.
(Added Pub. L. 116–283, div. C, title XXXV,
§ 3511(a), Jan. 1, 2021, 134 Stat. 4418.)
§ 53410. Regulations
The Secretary of Transportation and the Sec-
retary of Defense may each prescribe rules as
necessary to carry out their respective respon-
sibilities under this chapter.
(Added Pub. L. 116–283, div. C, title XXXV,
§ 3511(a), Jan. 1, 2021, 134 Stat. 4418.)
§ 53411. Authorization of appropriations
There are authorized to be appropriated for
payments under section 53406, amounts as fol-
lows, to remain available until expended:
(1) $122,400,000 for each of fiscal years 2025
and 2026.
(2) $167,600,000 for each of fiscal years 2027
and 2028.
(3) $172,120,000 for each of fiscal years 2029
and 2030.
(4) $176,780,000 for each of fiscal years 2031
and 2032.
(5) $181,560,000 for each of fiscal years 2033
and 2034.
(6) $186,460,000 for each of fiscal years 2035
and 2036.
(7) $191,480,000 for each of fiscal years 2037
and 2038.
(8) $196,660,000 for each of fiscal years 2039
and 2040.
(Added Pub. L. 116–283, div. C, title XXXV,
§ 3511(a), Jan. 1, 2021, 134 Stat. 4418; amended
Pub. L. 117–263, div. C, title XXXV, § 3501(b)(1),
Dec. 23, 2022, 136 Stat. 3064; Pub. L. 118–159, div.
C, title XXXV, § 3531(c), Dec. 23, 2024, 138 Stat.
2312.)
Editorial Notes
AMENDMENTS
2024—Pub. L. 118–159 amended section generally. Prior
to amendment, text read as follows: ‘‘There is author-
ized to be appropriated for payments under section
534
Source: Supplied 2024 U.S. Code historical extraction · 46 U.S.C. § 53501
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.