2012 US Code
Title 46 - Shipping
Subtitle V - Merchant Marine (§§ 50101 - 58109)
Part D - Promotional Programs (§§ 55101 - 55605)
Chapter 553 - PASSENGER AND CARGO PREFERENCES (§§ 55301 - 55336)
Subchapter I - GENERAL (§§ 55301 - 55305)
Section 55304 - Exports financed by the United States Government

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Metadata
Publication TitleUnited States Code, 2012 Edition, Title 46 - SHIPPING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 46 - SHIPPING
Subtitle V - Merchant Marine
Part D - Promotional Programs
CHAPTER 553 - PASSENGER AND CARGO PREFERENCES
SUBCHAPTER I - GENERAL
Sec. 55304 - Exports financed by the United States Government
Containssection 55304
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawYes
Dispositionstandard
Source CreditPub. L. 109-304, §8(c), Oct. 6, 2006, 120 Stat. 1642.
Statutes at Large References48 Stat. 500
49 Stat. 1987
95 Stat. 165
120 Stat. 1642
Public Law ReferencesPublic Law 97-31, Public Law 109-304

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GENERAL - 46 U.S.C. § 55304 (2012)
§55304. Exports financed by the United States Government

It is the sense of Congress that any loans made by an instrumentality of the United States Government to foster the exporting of agricultural or other products shall provide that the products may be transported only on vessels of the United States unless, as to any or all of those products, the Secretary of Transportation, after investigation, certifies to the instrumentality that vessels of the United States are not available in sufficient number, in sufficient tonnage capacity, on necessary schedules, or at reasonable rates.

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1642.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
55304 46 App.:1241–1. Mar. 26, 1934, ch. 90, 48 Stat. 500; June 29, 1936, ch. 858, §204, 49 Stat. 1987; Pub. L. 97–31, §12(127), Aug. 6, 1981, 95 Stat. 165.

This section codifies the Joint Resolution of March 26, 1934 (ch. 90, 48 Stat. 500) (also commonly known as Public Resolution 17). The codification of this provision is not intended to change its status as a “Sense of Congress” provision in any way. The words “Reconstruction Finance Corporation or” are omitted as obsolete because the Reconstruction Finance Corporation was abolished by section 6 of Reorganization Plan No. 1 of 1957 (5 App. U.S.C.).

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