46 U.S.C. § 57501

Completion of long-range program

Whenever the Secretary of Transportation determines that the objectives and policies declared in sections 50101 and 50102 of this title cannot be fully realized within a reasonable time under title V of the Merchant Marine Act, 1936, and the President approves the determination, the Secretary, in accordance with this chapter, shall complete the long-range program described in section 50102 of this title .

( Pub. L. 109–304, § 8(c) , Oct. 6, 2006 , 120 Stat. 1664 ; Pub. L. 114–120, title III, § 313(b)(1) , Feb. 8, 2016 , 130 Stat. 58 .)