; and (B) the cruise line shall not pay dividends or make other capital distributions with respect to the common stock of the cruise line; (2) develop a plan to reduce total emissions of such cruise line of carbon, methane, nitrogen oxides, and Black Carbon, including by reducing the use of heavy fuel oil and exhaust gas systems, by 45 percent by 2030 and achieve net-zero greenhouse gas emissions by 2050; and (3) submit to Congress the plan developed pursuant to paragraph (2). (c) Prohibition on loan forgiveness Notwithstanding any other provision of law, the principal amount of any obligation issued by a cruise line described under subsection (b) shall not be reduced through loan forgiveness. 3. Monitoring and inspection program for cruise vessels (a) In general Not later than 1 year after the date of enactment, the Administrator of the Environmental Protection Agency shall establish a program to require monitoring and inspections of the compliance of cruise vessels with environmental standards, including at a minimum— (1) regular announced inspections of cruise vessel operations, equipment, or discharges, including sampling and testing cruise vessel discharges; and (2) not less than 1 unannounced inspection of each cruise vessel each year. (b) Regulations Not later than 12 months after the date of enactment of this Act, the Administrator shall issue such regulations as are necessary to— (1) require the owner, operator, master, or other person in charge of a cruise vessel to maintain and submit a logbook detailing the times, types, volumes, flow rates, origins, and specific locations of, and explanations for, any discharges from the cruise vessel not otherwise required by subpart E of part 159 of title 33, Code of Federal Regulations; (2) require routine announced and unannounced inspections of— (A) cruise vessel environmental compliance records and procedures