WHAT THE LAW DOINCongress, in plain words

The law › Title 46, Shipping › Chapter 537

46 U.S.C. 53702: General authority

Created in 2006 by Public Law 109-304. Changed by 4 later laws. 2 bills in this Congress would change it.

This Congress

  • H.R. 8800 National Defense Authorization Act for Fiscal Year 2027 · passed house · would change (b)
  • H.R. 3151 SHIPS for America Act of 2025 · introduced · would change (c)

How it got here

2019

  • Pub. L. 116–92 amended subsec. (a) generally. Prior to amendment, text read as follows: "The Secretary or Administrator, on terms the Secretary or Administrator may prescribe, may guarantee or make a commitment to guarantee the payment of the principal of and interest on an obligation … Law text · (a)

2016

  • Pub. L. 114–120 added pars. (3) and (4). Law text · (b), (4)

2008

  • Pub. L. 110–181, §3522(b), repealed Pub. L. 109–163, §3507(a)(1)(C), (d). See 2006 Amendment note below and Codification note above. Law text
  • Pub. L. 110–181, §3522(a)(10)(B), incorporated the substance of the amendment by Pub. L. 109–163, §3507(a)(1)(C), into this section by inserting "or Administrator" after "Secretary" in two places. See 2006 Amendment note below and section 18(a) of Pub. L. 109–304, set out as a Legislat… Law text · (a)

2006

  • Pub. L. 109–163, §3507(a)(1)(C), which directed the amendment of section 1273(a) of the former Appendix to this title from which subsec. (a) of this section was derived, was repealed by Pub. L. 110–181, §3522(b). See 2008 Amendment note for subsec. (a) and Historical and Revision notes above. Law text

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.