The "USMMA Athletics Act of 2026" authorizes the Secretary of Transportation to establish a non-profit corporation under New York law, specifically a 501(c)(3) organization, to exclusively support the athletic programs of the United States Merchant Marine Academy. This corporation will be owned by the United States, with its stock held and voted by the Secretary, ensuring its operation aligns with federal oversight. Its primary purpose is to engage in charitable, educational, and civic activities directly benefiting USMMA athletics. The bill outlines the corporation's governance, allowing Department of Transportation employees to serve on its board in an oversight capacity, limited to one-third of directorships, without compensation. The Secretary is empowered to enter into various agreements with the corporation, including contracts and cooperative agreements , even sole-source, to acquire necessary property, services, or travel for the Academy's athletic programs. Additionally, the Secretary can lease USMMA real property to the corporation for up to five years, provided the property is not immediately needed by the Academy and proceeds are used for athletics. To further support USMMA athletics, the Secretary may transfer assets and liabilities from existing nonappropriated fund instrumentalities to the new corporation, excluding real property. The bill also permits the Secretary to accept funds, supplies, and services from the corporation, as well as direct contributions from entities like the National Collegiate Athletic Association and game guarantees. Furthermore, the corporation can manage licensing, marketing, and sponsorship agreements for USMMA trademarks and service marks, with the Secretary's approval, ensuring all financial activities uphold the integrity of the Department of Transportation.