AUTHORIZATION OF APPROPRIATIONS FOR FISCAL YEAR 2000.

SEC. 3602. AUTHORIZATION OF APPROPRIATIONS FOR FISCAL YEAR 2000. Funds are hereby authorized to be appropriated, to be available without fiscal year limitation if so provided in appropriations Acts, for the use of the Department of Transportation for the Maritime Administration as follows: (1) For expenses necessary for operations and training activities, $79,764,000 for fiscal year 2000. (2) For expenses under the loan guarantee program authorized by title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.), $14,893,000 for fiscal year 2000, of which— (A) $11,000,000 is 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; and (B) $3,893,000 is for administrative expenses related to loan guarantee commitments under the program.