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46a USC Rule - Small fishing vessel construction reserves

In addition to any other vessel which may be deemed an “eligible vessel” and a “qualified vessel” under section 1177 of this Appendix, a commercial fishing vessel under five net tons but not under two net tons—
(1) which is constructed in the United States and, if reconstructed, is reconstructed in the United States;
(2) which is owned by a citizen of the United States;
(3) which has a home port in the United States; and
(4) which is operated in the commercial fisheries of the United States,
shall be considered to be an “eligible vessel” and a “qualified vessel” for the purposes of such section 1177 of this Appendix.

Source

(Pub. L. 94–455, title VIII, § 807,Oct. 4, 1976, 90 Stat. 1606.)
Codification

Section was not enacted as part of the Merchant Marine Act, 1936, which comprises this chapter.

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The most recent Classification Table update that we have noticed was Tuesday, April 16, 2013

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46a USCDescription of ChangeSession YearPublic LawStatutes at Large

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