Restriction on acquisition, procurement, or construction of vessels in foreign shipyards

(a) In general Section 1151 of title 14, United States Code, is amended to read as follows: 1151. Restriction on acquisition, procurement, or construction of vessels in foreign shipyards (a) In general Except as provided in subsection (b), the Commandant may not lease, charter, or otherwise procure a vessel which contains a major component of the hull or superstructure constructed in a foreign shipyard. (b) Exceptions (1) In general The President may authorize exceptions to the prohibition in subsection (a) when the President determines that it is in the national security interest of the United States to address an immediate adverse effect on Coast Guard missions. (2) Timing An exception made by the President under paragraph (1) shall not take effect until the President submits to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate a written explanation of the circumstances requiring such an exception in the national security interest, including— (A) a confirmation that there are insufficient qualified shipyards to meet the national security interest without such an exception; and (B) actions taken by the President to enable qualified United States shipyards to meet national security requirements prior to the issuance of such an exception. (b) Clerical amendment The analysis for chapter 11 of title 14, United States Code, is amended by striking the item relating to section 1151 and inserting the following: 1151. Restriction on acquisition, procurement, or construction of vessels in foreign shipyards..

(a) In general Section 1151 of title 14, United States Code, is amended to read as follows: 1151. Restriction on acquisition, procurement, or construction of vessels in foreign shipyards (a) In general Except as provided in subsection (b), the Commandant may not lease, charter, or otherwise procure a vessel which contains a major component of the hull or superstructure constructed in a foreign shipyard. (b) Exceptions (1) In general The President may authorize exceptions to the prohibition in subsection (a) when the President determines that it is in the national security interest of the United States to address an immediate adverse effect on Coast Guard missions. (2) Timing An exception made by the President under paragraph (1) shall not take effect until the President submits to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate a written explanation of the circumstances requiring such an exception in the national security interest, including— (A) a confirmation that there are insufficient qualified shipyards to meet the national security interest without such an exception; and (B) actions taken by the President to enable qualified United States shipyards to meet national security requirements prior to the issuance of such an exception. (b) Clerical amendment The analysis for chapter 11 of title 14, United States Code, is amended by striking the item relating to section 1151 and inserting the following: 1151. Restriction on acquisition, procurement, or construction of vessels in foreign shipyards..