; and (B) in paragraph (2), by striking the period at the end and inserting ; and ; and (2) by striking subsections (c) and (d). 4. Acceptance of guarantees in conjunction with partial donations for major projects of the United States Merchant Marine Academy (a) Guarantees Chapter 513 of title 46, United States Code, is amended by adding at the end the following: 51320. Acceptance of guarantees with gifts for major projects (a) Definitions In this section: (1) Major project The term major project means a project estimated to cost at least $1,000,000 for— (A) the purchase or other procurement of real or personal property; or (B) the construction, renovation, or repair of real or personal property. (2) Major United States commercial bank The term major United States commercial bank means a commercial bank that— (A) is an insured bank (as defined in section 3(h) of the Federal Deposit Insurance Act ( 12 U.S.C. 1813(h) )); (B) is headquartered in the United States; and (C) has total net assets of an amount considered by the Maritime Administrator to qualify the bank as a major bank. (3) Major United States investment management firm The term major United States investment management firm means— (A) any broker or dealer (as such terms are defined in section 3 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c )); (B) any investment adviser or provider of investment supervisory services (as such terms are defined in section 202 of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–2 )); or (C) a major United States commercial bank that— (i) is headquartered in the United States