§ 55317. Termination of subchapter

This subchapter terminates 90 days after the date on which a notification is made under section 55316 (f) of this title, except for shipments of agricultural commodities and their products subject to contracts made before the end of that 90-day period, unless within that 90-day period the Secretary of Transportation proclaims that funds are available to finance increased freight charges resulting from the requirements of sections 55314 (a) and 55316 (a) and (b) of this title. On the termination of this subchapter under this section—
(1) this subchapter does not exempt export activities from, or subject export activities to, the cargo preference laws; and
(2) the 50-percent requirement in section 55305 of this title remains in effect.