DISTANT WATER TUNA FLEET.

SEC. 701. [46 U.S.C. 8103 note] DISTANT WATER TUNA FLEET. Section 421 of the Coast Guard and Maritime Transportation Act of 2006 (Public Law 109-241; 120 Stat. 547) is amended— (1) by striking subsection (b) and inserting the following: “(b) Licensing Restrictions. “(1) In general. Subsection (a) only applies to a foreign citizen who holds a credential that is equivalent to the credential issued by the Coast Guard to a United States citizen for the position, with respect to requirements for experience, training, and other qualifications. “(2) Treatment of credential. An equivalent credential under paragraph (1) shall be considered as meeting the requirements of section 8304 of title 46, United States Code, but only while a person holding the credential is in the service of the vessel to which this section applies.” ; (2) in subsection (c) by inserting “or Guam” before the period at the end; and (3) in subsection (d) by striking “on December 31, 2012” and inserting “on the date the Treaty on Fisheries Between the Governments of Certain Pacific Island States and the Government of the United States of America ceases to have effect for any party under Article 12.6 or 12.7 of such treaty, as in effect on the date of enactment of the Coast Guard and Maritime Transportation Act of 2012”.