42 U.S.C. § 9141 : US Code - Section 9141: Determinations under Merchant Marine Act, 1936
Search 42 U.S.C. § 9141 : US Code - Section 9141: Determinations under Merchant Marine Act, 1936
(a)(1) For the purposes of section 607 of the Merchant Marine
Act, 1936 (46 U.S.C. 1177) [46 App. U.S.C. 1177], any ocean thermal
energy conversion facility or plantship licensed pursuant to this
chapter, and any vessel providing shipping service to or from such
an ocean thermal energy conversion facility or plantship, shall be
deemed to be a vessel operated in the foreign commerce of the
United States.
(2) The provisions of paragraph (1) of this subsection shall
apply for taxable years beginning after December 31, 1981.
(b) For the purposes of the Merchant Marine Act, 1936 (46 U.S.C.
1177 et seq.) [46 App. U.S.C. 1101 et seq.], any vessel documented
under the laws of the United States and used in providing shipping
service to or from any ocean thermal energy conversion facility or
plantship licensed pursuant to the provisions of this chapter shall
be deemed to be used in, and used in an essential service in, the
foreign commerce or foreign trade of the United States, as defined
in section 905(a) of the Merchant Marine Act, 1936 (46 U.S.C.
1244(a)) [46 App. U.S.C. 1244(a)].
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Maritime financing for ocean thermal energy conversion