Bill95th CongressFiled Feb 24, 1977Transportation and Public Works
S. 799
A bill to amend section 1103 of the Merchant Marine Act, 1936, to require that notice be given to the Congress of any guarantee proposed to be made under such section in excess of $25 million.
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Under committee review
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What it doesSummary introduced in senate (Feb 24, 1977)
Amends the Merchant Marine Act, 1936, to prohibit the Secretary of Commerce from guaranteeing ship mortgages under such Act in excess of $25,000,000 unless the Secretary has notified specified committees of Congress of such proposed action and neither House has passed a resolution disapproving such guarantee.
What just happenedFeb 24, 1977
Referred to Senate Committee on Commerce, Science, and Transportation.
Who’s behind it
Sen. Proxmire, William [D-WI](D-WI)Sponsor
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