Repeals section 55103 of title 46 (Passenger Vessel Services Act of 1886).

Adds subsection (d) to section 12103 providing that the requirements of the section shall not apply to any vessel that transports passengers between ports or places in the United States to which the coastwise laws apply, either directly or via a foreign port.

Amends section 12112(a): modifies paragraph (1) and paragraph (2) subparagraphs, including striking and inserting text and adding a new subparagraph (C) regarding vessels that transport passengers between U.S. ports or places to which the coastwise laws apply.

In section 12121(b), strikes the phrase "55102, and 55103" and inserts "and 55102" (removing reference to 55103).

Revises subsection (k) to create an exemption for passenger vessels from subsections (a) and (b).

Repeals section 55104 of title 46.

Amends section 55121: strikes the section heading's specified text, strikes subsection (a), removes specified following text, and replaces the phrase "sections 55102 and 55103 of this title do" with "section 55102 of this title does" (removing references to 55103).

Clerical amendment to the table of sections for chapter 551 of title 46: strikes the items relating to sections 55103 and 55104.