Sec. 3536. LOANS FOR RETROFITTING TO QUALIFY AS A VESSEL OF THE UNITED STATES

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## SEC. 3536 LOANS FOR RETROFITTING TO QUALIFY AS A VESSEL OF THE UNITED STATES ###

(a)In General Section 53706(a) of title 46, United States Code, is amended by adding at the end the following: > > #### “(8) > > Financing (including reimbursement of an obligor for expenditures previously made for) the reconstruction, reconditioning, retrofitting, repair, reconfiguration, or similar work in a shipyard located in the United States.” > . ###

(b)Prohibition on Use of Appropriated Funds Amounts appropriated to the Maritime Administration before the date of enactment of this Act shall not be available to be used for the cost of loan guarantees for projects receiving financing support or credit enhancements under section 53706(a)(8) of title 46, United States Code, as added by this section.