46 U.S. Code § 54101 - Assistance for small shipyards and maritime communities
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(a) Establishment of Program.— Subject to the availability of appropriations, the Administrator of the Maritime Administration shall execute agreements with shipyards to provide assistance—
(1) in the form of grants, loans, and loan guarantees to small shipyards for capital improvements; and
(b) Awards.— In providing assistance under the program, the Administrator shall—
(1) take into account—
(B) projects that would be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration; and
(c) Use of Funds.—
(1) In general.— Assistance provided under this section may be used—
(A) to make capital and related improvements in small shipyards located in or near maritime communities;
(B) to provide training for workers in communities whose economies are related to the maritime industry; and
(d) Prohibited Uses.— Grants awarded under this section may not be used to construct buildings or other physical facilities or to acquire land unless such use is specifically approved by the Administrator in support of subsection (c)(1)(C).
(e) Matching Requirements; Allocation.—
(1) Federal funding.— Except as provided in paragraph (2), Federal funds for any eligible project under this section shall not exceed 75 percent of the total cost of such project.
(2) Exception.— If the Administrator determines that a proposed project merits support and cannot be undertaken without a higher percentage of Federal financial assistance, the Administrator may award a grant for such project with a lesser matching requirement than is described in paragraph (1).
(1) In general.— To be eligible for assistance under this section, an applicant shall submit an application, in such form, and containing such information and assurances as the Administrator may require, within 60 days after the date of enactment of the appropriations Act for the fiscal year concerned.
(2) Minimum standards for payment or reimbursement.— Each application submitted under paragraph (1) shall include—
(A)  a comprehensive description of—
(3) Procedural safeguards.— The Administrator, in consultation with the Office of the Inspector General, shall issue guidelines to establish appropriate accounting, reporting, and review procedures to ensure that—
(4) Project approval required.— The Administrator may not award a grant under this section unless the Administrator determines that—
(g) Audits and Examinations.— All grantees under this section shall maintain such records as the Administrator may require and make such records available for review and audit by the Administrator.
(h) Small Shipyard Defined.— In this section, the term “small shipyard” means a shipyard facility in one geographic location that does not have more than 1,200 employees.
(i) Authorization of Appropriations.— There are authorized to be appropriated to the Administrator of the Maritime Administration for each of fiscal years 2009 through 2013 to carry out this section—
 So in original. There is no subpar. (B).
Source(Added Pub. L. 110–417, div. C, title XXXV, § 3508(a),Oct. 14, 2008, 122 Stat. 4767.)
A prior section 54101, added and amended Pub. L. 110–181, div. C, title XXXV, § 3523(a)(6)(B)–(D), Jan. 28, 2008, 122 Stat. 599, which related to assistance for small shipyards and maritime communities, was repealed by Pub. L. 110–417, div. C, title XXXV, § 3508(b),Oct. 14, 2008, 122 Stat. 4769, as amended by Pub. L. 111–84, div. A, title X, § 1073(c)(14),Oct. 28, 2009, 123 Stat. 2475, effective Oct. 14, 2008, and as if included in Pub. L. 110–417as enacted.