H.R. 4770 · 113th Congress
Coast Guard Regulation Relief Act of 2014
- Stage
- In committee
- Sponsor
- Patrick Murphy
- Introduced
- 2014-05-29
- Latest action
- 2014-05-30 · Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Summary
Coast Guard Regulation Relief Act of 2014 - Amends federal shipping law to revise requirements for recording of a notice of a claim of a maritime lien.
Declares that a notice shall expire three years after it is recorded. (Currently, expires three years after the lien was established.)
Authorizes a person to re-record an expired notice if that person submits to the Secretary of Homeland Security (DHS) a declaration that the information in the notice is accurate to the best of the person's knowledge, information, and belief. Extends the re-recorded notice for another three years.
Declares that the expiration of a notice may not be construed to have any effect on the validity of a claim of lien.