Amendment sought to cap the rate that U.S. flag vessels may charge for preference cargoes at no more than twice the world rate.

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Amendment Number
380
Description
Amendment sought to cap the rate that U.S. flag vessels may charge for preference cargoes at no more than twice the world rate.
Purpose
An amendment to cap freight rates U.S. flag vessels may charge for preference cargoes. Under the amendment, the maximum rate for transporting equipment, materials, or commodities would be limited to twice the world market rates.
Congress
103
Type
HAMDT
Latest Action Date
Nov 4, 1993
Latest Action Text
On agreeing to the Penny amendment (A004) Failed by recorded vote: 109 - 309 (Roll no. 546).
Latest Action Time
16:42:50
Submitted Date
Nov 4, 1993
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 380 — Informed