Page:United States Statutes at Large Volume 120.djvu/1592

 PUBLIC LAW 109–304—OCT. 6, 2006

120 STAT. 1561

The report shall include, with respect to activities of the Secretary under this subtitle, the results of investigations, a summary of transactions, a statement of all expenditures and receipts, the purposes for which all expenditures were made, and any recommendations for legislation. ‘‘(b) ADMINISTERED AND OVERSIGHT FUNDS.—The Secretary, in the report under subsection (a) and in the annual budget estimate for the Maritime Administration submitted to Congress, shall state separately the amount, source, intended use, and nature of any funds (other than funds appropriated to the Administration or to the Secretary of Transportation for use by the Administration) administered, or subject to oversight, by the Administration. ‘‘(c) ADDITIONAL RECOMMENDATIONS FOR LEGISLATION.—The Secretary, from time to time, shall make recommendations to Congress for legislation the Secretary considers necessary to better achieve the objectives and policy of section 50101 of this title. ‘‘§ 50112. National Maritime Enhancement Institutes ‘‘(a) DESIGNATION.—The Secretary of Transportation may designate National Maritime Enhancement Institutes. ‘‘(b) ACTIVITIES.—Activities undertaken by an institute may include— ‘‘(1) conducting research about methods to improve the performance of maritime industries; ‘‘(2) enhancing the competitiveness of domestic maritime industries in international trade; ‘‘(3) forecasting trends in maritime trade; ‘‘(4) assessing technological advancements; ‘‘(5) developing management initiatives and training; ‘‘(6) analyzing economic and operational impacts of regulatory policies and international negotiations or agreements pending before international bodies; ‘‘(7) assessing the compatibility of domestic maritime infrastructure systems with overseas transport systems; ‘‘(8) fostering innovations in maritime transportation pricing; and ‘‘(9) improving maritime economics and finance. ‘‘(c) APPLICATION FOR DESIGNATION.—An institution seeking designation as a National Maritime Enhancement Institute shall submit an application under regulations prescribed by the Secretary. ‘‘(d) CRITERIA FOR DESIGNATION.—The Secretary shall designate an institute under this section on the basis of the following criteria: ‘‘(1) The demonstrated research and extension resources available to the applicant for carrying out the activities specified in subsection (b). ‘‘(2) The ability of the applicant to provide leadership in making national and regional contributions to the solution of both long-range and immediate problems of the domestic maritime industry. ‘‘(3) The existence of an established program of the applicant encompassing research and training directed to enhancing maritime industries. ‘‘(4) The demonstrated ability of the applicant to assemble and evaluate pertinent information from national and international sources and to disseminate results of maritime

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