(a) Defined Term.—In this section, the term “qualifying research grant” is a grant that—
is awarded on a competitive basis by the Federal Government (except for the Department of Transportation), a State, a corporation, a fund, a foundation, an educational institution, or a similar entity that is organized and operated primarily for scientific or educational purposes; and
(b) Acceptance of Qualifying Research Grants.—
(c) Administration of Grant Funds.—
(1) Establishment of account.—
The Maritime Administrator shall establish a separate account for administering funds received from research grants under this section.
(d) Related Expenses.—