Page:United States Statutes at Large Volume 107 Part 2.djvu/865

 PUBLIC LAW 103-160—NOV. 30, 1993 107 STAT. 1815 and modern shipbuilding technology of a general shipyard facility located in the United States. "(b) Guarantees or commitments to guarantee under this section are subject to the extent applicable to all the laws, requirements, regulations, and procedures that apply to guarantees or commitments to guarantee made under this title, except that guarantees or commitments to guarantee made under this section may be in the aggregate principal amount that does not exceed 87 y2 percent of the actual cost of the advanced shipbuilding technology or modern shipbuilding technology. "(c) The Secretary may accept the transfer of funds from any other department, agency, or instrumentality of the United States Government and may use those funds to cover the cost (as defined in section 502 of the Federal Credit Reform Act of 1990) of making guarantees or commitments to guarantee loans entered into under this section. "(1) The term 'advanced shipbuilding technology* includes— "(A) numerically controlled machine tools, robots, automated process control equipment, computerized flexible manufacturing systems, associated computer software, and other technology for improving shipbuilding and related industrial production which advance the state-of-the-art; and "(B) novel techniques and processes designed to improve shipbuilding quality, productivity, and practice, and to promote sustainable development, including engineering design, quality assurance, concurrent engineering, continuous process production technology, energy efficiency, waste minimization, design for recyclability or partB reuse, inventory management, upgraded worker skills, and communications with customers and suppliers. "(2) The term 'modern shipbuilding technology* means the best available proven technology, techniques, and processes appropriate to enhancing the productivity oi shipyards. "(3) The term 'general shipyard facility* means— "(A) for operations on land— "(i) any structure or appurtenance thereto designed for the construction, repair, rehabilitation, refurbishment or rebuilding of any vessel (as defined in title 1, United States Code) and including graving docks, building ways, ship lifts, wharves, and pier cranes; "(iii) equipment that is for the use in connection with any structure or appurtenance and that is necessary for the performance of any function referred to in subparagraph (A); "(B) for operations other than on land, any vessel, floating drydock or barge built in the United States and used for, equipped to be used for, or of a t3rpe that is normally used for activities referred to in subparagraph (A)(i) of this paragraph. ". (b) CONFORMING AMENDMENT. — Section llOl(n) of that Act (46 App. U.S.C. 1271(n)) is amended by striking 'Vessels.** and inserting 'Vessels and general shipyard facilities (as defined in section limdXS)).**.
 * (d) For purposes of this section:
 * (ii) the land necessary for any structure or appurtenance described in clause (i); and

�