Summary: H.R.4987 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.4987. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/07/1988)

Merchant Mariner Memorial Act of 1988 - Authorizes the Secretary of Transportation to convey the right, title, and interest of the United States in vessels in the National Defense Reserve Fleet to nonprofit organizations for use in funding merchant marine memorials, provided the vessels have no usefulness to the Government and are scheduled to be scrapped and the organizations agree to sell the vessels for scrap, divide the proceeds, and use them for the memorial. Requires organizations to have raised a minimum amount from non-Federal sources before enactment of this Act in order to participate in the sale. Limits an organization to one grant under this Act. Terminates this Act two years after enactment.