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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
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 8, 2023
Introduced in House
Feb 8, 2023
Referred to the House Committee on Armed Services.
Feb 8, 2023
Sponsor introductory remarks on measure. (CR E106)
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 Plain-English summary Congressional Research Service

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 February 8, 2023

Referred to the House Committee on Armed Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 874: Federal Ship Financing Improvement Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-874/
MLA
"H.R. 874: Federal Ship Financing Improvement Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-874/.
Bluebook (legal)
H.R. 874, 118th Cong. (2026), https://openamerica.io/bill/118-HR-874/.
Markdown link
[H.R. 874: Federal Ship Financing Improvement Act](https://openamerica.io/bill/118-HR-874/)
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