REPORT ON LORANC REQUIREMENTS.

SEC. 308. REPORT ON LORANC REQUIREMENTS. Not later than 6 months after the date of enactment of this Act, the Secretary of Transportation, in cooperation with the Secretary of Commerce, shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Transportation and Infrastructure of the House of Representatives a plan prepared in consultation with users of the LORANC radio-navigation system defining the future use of and funding for operations, maintenance, and upgrades of the LORANC radionavigation system. The plan shall provide for— (1) mechanisms to make full use of compatible satellite and LORANC technology by all modes of transportation, the telecommunications industry, and the National Weather Service; (2) an appropriate timetable for transition from ground-based radionavigation technology after it is determined that satellite-based technology is available as a sole means of safe and efficient navigation and taking into consideration the need 110 STAT. 3919to ensure that LORANC technology purchased by the public before the year 2000 has a useful economic life; and (3) agencies in the Department of Transportation and other relevant Federal agencies to share the Federal Government’s costs related to LORAN–C technology.