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S. 1541IntroducedSenate · nowHousePresidentLawIn committee
Sec. 502 · S. 1541

Assistance for small shipyards

Title V — Shipbuilding › Subtitle A — Shipbuilding financial incentives

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Section 54101 of title 46, United States Code, is amended— (1) in subsection (b)(1)— (A) in subparagraph (A), by striking; and and inserting a semicolon; (B) in subparagraph (B), by striking the period and inserting; and; and (C) by adding at the end the following: (C) long-term industrial base growth that supports the national security and economic security needs of the merchant marine of the United States.; and (2) in subsection (i)— (A) by inserting out of the Maritime Security Trust Fund established under section 50301(b) of this title before to the Administrator of the Maritime Administration; and (B) by striking for fiscal year 2021 to carry out this section $20,000,000 and inserting $100,000,000 for each of fiscal years 2026 through 2035.

Sec. 502: Assistance for small shipyards · Public Law Tracker