HR 874
118th Congress
House
Transportation and Public Works
Buy American requirements
Government lending and loan guarantees
Marine and inland water transportation
Navigation, waterways, harbors
Federal Ship Financing Improvement Act
Introduced: February 8, 2023
Introduced by:
Garamendi, John
Democratic
· California
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 8, 2023
Referred to the House Committee on Armed Services.
Feb 8, 2023
Sponsor introductory remarks on measure. (CR E106)
Feb 8, 2023
Introduced in House
Plain-English summary
Federal Ship Financing Improvement Act
This bill allows the Maritime Administration to guarantee financing (including reimbursement for expenditures previously made) for reconstruction, repair, or similar work in a shipyard located in the United States for, among other things, to change an existing vessel to a vessel of the United States.
The bill also requires that certain shipyard modernization and improvement projects financed by the Maritime Administration use American products and materials (i.e., goods mined, produced, or manufactured in the United States).
What's happening now
Referred to the House Committee on Armed Services.
Committees of jurisdiction
1