Tl S T A T J
P U B L I C LAW 8 5 - 5 2 - J U N E 13, 1957
T8
Operating-differential subsidies: For the payment of obligations incurred for operating-differential subsidies granted on or aftef January 1, 1947, as authorized by the Merchant Marine Act, 1936, 4 6®A*i'r^°**.7i. as amended, and in appropriations heretofore made to the United 1182. States Maritime Commission, $35,000,000, and in addition, $65,000,000 to be derived by transfer from the appropriation "War Shipping Administration Liquidation, Treasury Department", to remain available until expended: Provided, That hereafter, to the extent that the operating-differential subsidy accrual (computed on the basis of parity) is represented on the operator's books by a contingent accounts receivable item against the United States as a partial or complete offset to the recapture accrual, the operator (1) shall be excused from making deposits in the special reserve fund, and (2) as to the amount of such earnings the deposit of which is so excused shall be entitled to the same tax treatment as though it had been deposited in said special reserve fund. To the extent that any amount paid to the operator by the United States reduces the balance in the operator's contingent receivable account against the United States, such amount shall forthwith be deposited in the special reserve fund of the opert o r: Provided further, That no contracts shall be executed during the current fiscal year by the Federal Maritime Board which will obligate the Government to pay operating differential subsidy on more than two thousand one hundred voyages in any one calendar year, including voyages covered by contracts in effect at the beginning of the current fiscal year. Salaries and expenses: For expenses necessary for carrying into effect the Merchant Marine Act, 1936, and other laws administered 49 Stat. ii98S. by the Federal Maritime Board and the Maritime Administration, "^^ '^ $15,425,000, within limitations as follows: Administrative expenses, including not to exceed $1,125 for entertainment of officials of other countries when specifically authorized by the Maritime Administrator, $7,045,000; Maintenance of shipyard and reserve training facilities and operation of warehouses, $1,530,000; Reserve fleet expenses, $6,850,000. Maritime training: For training cadets as officers of the merchant marine at the Merchant Marine Academy at Kings Point, New York, including pay and allowances for personnel of the United States Maritime Service as authorized by law (46 U.S.C. 1126, 63 Stat, ff?j*|*c'231* 802, 64 Stat. 794, 66 Stat. 79, and 70 Stat. 2 5); and not to exceed $2,500 ««q. ' for contingencies for the Superintendent, United States Merchant Marine Academy, to be expended in his discretion; $2,394,300, including uniform and textbook allowances for cadet midshipmen, at an average yearly cost of not to exceed $200 per cadet: Provided, That except as herein provided for uniform and textbook allowances this appropriation shall not be used for compensation or allowances for cadets. State marine schools: To reimburse the State of California, $47,500; the State of Maine, $47,500; the State of Massachusetts, $47,500; and the State of New York, $47,500; for expenses incurred in the maintenance and support of marine schools in such States as provided in the Act authorizing the establishment of marine schools, and so forth, approved March 4, 1911, as amended (34 U.S.C. 1121-1123); $149,800 36 Stat. 1353. for the maintenance and repair of vessels loaned by the United States to the said States for use in connection with such State marine schools; and $320,200 for allowances for uniforms, textbooks, and subsistence of cadets at State marine schools, to be paid in accordance with regulations established pursuant to law (46 U.S.C. 1126 (b)); $660,000. 7o Stat. 25.
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