Sec. 3501. AUTHORIZATION OF APPROPRIATIONS FOR NATIONAL SECURITY ASPECTS OF THE MERCHANT MARINE FOR FISCAL YEAR 2012

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## SEC. 3501 AUTHORIZATION OF APPROPRIATIONS FOR NATIONAL SECURITY ASPECTS OF THE MERCHANT MARINE FOR FISCAL YEAR 2012 Funds are hereby authorized to be appropriated for fiscal year 2012, to be available without fiscal year limitation if so provided in the appropriations Acts, for the use of the Department of Transportation for Maritime Administration programs associated with maintaining national security aspects of the merchant marine, as follows: ####

(1)For expenses necessary for operations of the United States Merchant Marine Academy, $93,068,000, of which— #####

(A)$64,183,000 shall remain available until expended for Academy operations; and #####

(B)$28,885,000 shall remain available until expended for capital asset management at the Academy. ####

(2)For expenses necessary to support the State maritime academies, $17,100,000, of which— #####

(A)$2,400,000 shall remain available until expended for student incentive payments; #####

(B)$3,600,000 shall remain available until expended for direct payments to such academies; and #####

(C)$11,100,000 shall remain available until expended for maintenance and repair of State maritime academy training vessels. ####

(3)For expenses necessary to dispose of vessels in the National Defense Reserve Fleet, $18,500,000, to remain available until expended. ####

(4)For expenses to maintain and preserve a United States-flag merchant marine to serve the national security needs of the United States under chapter 531 of title 46, United States Code, $186,000,000. ####

(5)For the cost (as defined in section 502(5) of the Federal Credit Reform Act of 1990 (2 U.S.C. 6661a(5)) of loan guarantees under the program authorized by chapter 537 of title 46, United States Code, $14,260,000, of which $3,740,000 shall remain available until expended for administrative expenses of the program.

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2 USC 6661a(5)

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Sec. 3501

AUTHORIZATION OF APPROPRIATIONS FOR NATIONAL SECURITY ASPECTS OF THE MERCHANT MARINE FOR FISCAL YEAR 2012

Cite2 USC 6661a(5)

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