Document 5LN81Nz565D3zpvKavRdJ17D8

BOM24567 S6J S.L.C. 42 1 rity Board and the appropriate committees of Congress 2 evaluating the competitiveness of vessels of the United 3 States in foreign commerce. The Maritime Security Board 4 shall utilize the findings of such report to inform the Na- 5 tional Maritime Strategy under section 50114 of title 46, 6 United States Code, and other activities of the Board. 7 (b) CONTENTS.--The report shall include-- 8 (1) metrics concerning carriage of foreign com- 9 merce on vessels of the United States; 10 (2) information about the price parity of car- 11 riage of foreign commerce on vessels of the United 12 States versus foreign vessels (as defined in section 13 110 of title 46, United States Code) by market; 14 (3) identification of markets of opportunity for 15 the United States to compete in foreign commerce 16 where rates are in relative parity to vessels of the 17 United States; 18 (4) markets in which United States interests 19 paid above average rates for foreign commerce, in- 20 eluding with foreign and domestic carriers; and 21 (5) an assessment of the foreign vessel reg- 22 istries of peer competitor countries to determine- 23 (A) the roles of the governments of peer 24 competitor countries in their vessel registry OST-2025-1200 Page 00413 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012094 B0M24567 S6J S.L.C. 43 1 processes, including policy practices that may 2 provide a disadvantage to the United States; 3 (B) the sizes of the fleets of foreign vessels 4 registered with such countries, including how 5 many of such foreign vessels are domestically 6 built and how many are built in other countries; 7 and 8 (C) the price parity of vessels of the 9 United States, as compared to foreign vessels 10 registered with peer competitor countries that 11 are operating in global markets identified as a 12 priority by the Federal Maritime Commission. 13 TITLE II-MARITIME SECURITY 14 TRUST FUND 15 SEC. 201. APPORTIONMENT OF THE MARITIME SECURITY 16 TRUST FUND. 17 (a) IN GENERAL.--Chapter 505 of title 46, United 18 States Code, is amended by adding at the end the fol- 19 lowing: 20 " 50505. Apportionment of the Maritime Security 21 Trust Fund 22 "(a) ADMINISTRATIVE EXPENSES.--There is author- 23 ized to be appropriated from the Maritime Security Trust 24 Fund-- OST-2025-1200 Page 00414 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012095 BOM24567 S6J S.L.C. 44 1 "(1) $30,000,000 to the Secretary of Transpor- 2 tation for administrative expenses of the Maritime 3 Administration to administer subtitle V, for each of 4 fiscal years 2025 through 2034; 5 "(2) $30,000,000 to the Secretary of the de- 6 partment in which the Coast Guard is operating for 7 administrative expenses of the Coast Guard to ad- 8 minister subtitle II, for each of fiscal years 2025 9 through 2034; and 10 "(3) $2,000,000 to the Federal Maritime Com- 11 mission for administrative expenses of the Federal 12 Maritime Commission to administer subtitle IV. 13 "(b) MERCHANT MARINE OF THE UNITED 14 STATES.--Amounts in the Maritime Security Trust Fund 15 shall be available for programs or activities associated with 16 maintaining the merchant marine of the United States, 17 which shall include- 18 "(1) the United States Merchant Marine Acad- 19 envy, as authorized under chapter 513; 20 "(2) the State maritime academy support pro- 21 gram under chapter 515; 22 "(3) the National Security Multi-Mission Vessel 23 program, as authorized under section 3505 of the 24 National Defense Authorization Act for Fiscal Year 25 2017 (Public Law 114-328; 130 Stat. 2776); OST-2025-1200 Page 00415 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012096 B0M24567 S6J S.L.C. 45 1 "(4) fuel funding for training ships operated by 2 the State maritime academies, as authorized under 3 section 51504; 4 "(5) the Strategic Commercial Fleet, as author- 5 ized under chapter 536; 6 "(6) the loan guarantee program, as authorized 7 under section 53702; 8 "(7) the Shipbuilding Financial Incentives Pro- 9 gram, as authorized under section 53801; 10 "(8) assistance to small shipyards and for mari- 11 time training programs, as authorized under section 12 54101; 13 "(9) the port infrastructure development pro- 14 gram, as authorized under section 54301; 15 "(10) financing the transportation of agricul- 16 tural products, as authorized under section 55316; 17 "(11) the United States Center for Maritime 18 Innovation, as authorized under section 50307; 19 "(12) reimbursement of qualifying spouse reli- 20 censing costs and business costs, as authorized 21 under section 52103; 22 "(13) the United States Merchant Marine Ca- 23 reer Retention Program, as authorized under section 24 52105; OST-2025-1200 Page 00416 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012097 B0M24567 S6J S.L.C. 46 1 "(14) the maritime and shipbuilding recruiting 2 campaign, as authorized under section 611 of the 3 SHIPS for America Act of 2024; 4 "(15) the Centers of Excellence for Domestic 5 Maritime Workforce Training and Education, as au- 6 thorized under section 51706; 7 "(16) maritime worker data collection, as au- 8 thorized under section 615 of the SHIPS for Amer- 9 ica Act of 2024; 10 "(17) international scholarships for mariner 11 and naval architecture exchanges, as authorized 12 under section 618 of the SHIPS for America Act of 13 2024; and 14 "(18) merchant mariner credentialing mod- 15 ernization, as authorized under section 631 of the 16 SHIPS for America Act of 2024.". 17 (b) CLERICAL AMENDMENT.--The table of sections 18 for chapter 505 of title 46, United States Code, is amend- 19 ed by adding at the end the following: "50505. Apportionment of the Maritime Security Truq Funds". 20 SEC. 202. REGULAR TONNAGE TAXES; PRESIDENTIAL SUS- 21 PENSION OF TONNAGE TAXES AND LIGHT 22 MONEY. 23 (a) REGULAR TONNAGE TAXES.--Section 60301(b) 24 of title 46, United States Code, is amended by striking 25 ", for fiscal years 2006 through 2010, and 6 cents per OST-2025-1200 Page 00417 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012098 BOM24567 S6J S.L.C. 47 1 ton, not to exceed a total of 30 cents per ton per year, 2 for each fiscal year thereafter,". 3 (b) PRESIDENTIAL SUSPENSION OF TONNAGE TAXES 4 AND LIGHT MONEY.--Section 60304 of title 46, United 5 States Code, is amended to read as follows: 6 " 60304. Presidential suspension of tonnage taxes 7 and light money 8 "(a) IN GENERAL.--Except as provided in subsection 9 (b), if the President is satisfied that the government of 10 a foreign country does not impose discriminating or coun- 11 tervailing duties to the disadvantage of the United States, 12 the President may suspend the imposition of special ton- 13 nage taxes and light money under sections 60302 and 14 60303 of this title on vessels of that country. 15 "(b) EXCEPTION.--Subsection (a) shall not apply to 16 any vessel that- 17 "(1) is owned or operated by a foreign entity of 18 concern (as that term is defined in section 4 of the 19 SHIPS for America Act of 2024); 20 "(2) is a vessel registered under a registry of a 21 foreign country of concern (as that term is defined 22 in section 4 of the SHIPS for America Act of 2024); 23 or 24 "(3) was a vessel registered under a registry of 25 a foreign country of concern (as that term is defined OST-2025-1200 Page 00418 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012099