Exemption from duty on repairs of documented vessels in allied foreign countries

Section 466(h) of the Tariff Act of 1930 (19 U.S.C. 1466(h)) is amended— (1) in paragraph (3), by striking or at the end; (2) in paragraph (4), by striking the period at the end and inserting; or; and (3) by inserting after paragraph (4) the following: (5) the cost of repairs made in a shipyard located in a country listed on the Foreign Ally Shipping Registry pursuant to section 55124(d) of title 46, United States Code, with respect to documented vessels (as such term is defined in section 106 of such title)..