Summary: S.1588 — 93rd Congress (1973-1974)All Information (Except Text)

There is one summary for S.1588. Bill summaries are authored by CRS.

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Introduced in Senate (04/16/1973)

Extends the construction-subsidy provisions of the Merchant Marine Act through 1976. Provides that the construction differential subsidy shall be equal to or less than 39 percent in fiscal 1974, 37 percent in fiscal 1975, and 35 percent in fiscal 1976. (Amends 46 U.S.C. 1152 (a))