Page:United States Statutes at Large Volume 124.djvu/4544

 124 STAT. 4518 PUBLIC LAW 111–383—JAN. 7, 2011 (A) $2,000,000 shall remain available until expended for student incentive payments; (B) $2,000,000 shall remain available until expended for direct payments to such academies; and (C) $11,007,000 shall remain available until expended for maintenance and repair of State maritime academy training vessels. (3) For expenses necessary to dispose of vessels in the National Defense Reserve Fleet, $10,000,000. (4) For expenses to maintain and preserve a United States- flag merchant marine to serve the national security needs of the United States under chapter 531 of title 46, United States Code, $174,000,000. (5) For the cost (as defined in section 502(5) of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a(5)) of loan guarantees under the program authorized by chapter 537 of title 46, United States Code, $60,000,000, of which $3,688,000 shall remain available until expended for administrative expenses of the program. SEC. 3502. EXTENSION OF MARITIME SECURITY FLEET PROGRAM. Chapter 531 of title 46, United States Code, is amended— (1) in section 53104(a), by striking ‘‘2015’’ and inserting ‘‘2025’’; (2) in section 53106(a)(1)(C), by striking ‘‘for each fiscal years 2012, 2013, 2014, and 2015’’ and inserting ‘‘for each of fiscal years 2012 though 2025’’; and (3) in section 53111(3), by striking ‘‘2015’’ and inserting ‘‘2025’’. SEC. 3503. UNITED STATES MERCHANT MARINE ACADEMY NOMINA - TIONS OF RESIDENTS OF THE NORTHERN MARIANA ISLANDS. Section 51302(b) of title 46, United States Code, is amended— (1) in paragraph (3), by inserting ‘‘the Northern Mariana Islands,’’ after ‘‘Guam,’’; and (2) by striking paragraph (5) and redesignating paragraph (6) as paragraph (5). SEC. 3504. RESEARCH AUTHORITY. Section 51301 title 46, United States Code, is amended— (1) by inserting ‘‘as an institution of higher education’’ after ‘‘Academy’’; and (2) by striking ‘‘States.’’ and inserting ‘‘States, to conduct research with respect to maritime-related matters, and to pro- vide such other appropriate academic support, assistance,