Document jm7GXjM0mEaKGbdkkLmp7Y0Oy

BOM24567 S6J S.L.C. 170 1 "(2) QUALIFIED SHIPYARD INVESTMENTS.- 2 For financial assistance provided to incentivize 3 qualified shipyard investments as described in sub- 4 section (a)(2), the Maritime Administrator shall de- 5 termine the appropriate amount for each financial 6 assistance award made to a covered entity to maxi- 7 mize private sector investments and to expand ship- 8 yard and ship building capacity of the United 9 States. 10 "(3) USE OF FUNDS.-A covered entity that re- 11 ceives a financial assistance award under this section 12 may only use the financial assistance award amounts 13 to- 14 "(A) finance the construction of a vessel to 15 be built in the United States and documented 16 under the laws of the United States; 17 "(B) support site development, construe- 18 tion, and modernization for qualified shipyard 19 investments; 20 "(C) pay reasonable costs related to the 21 operating expenses for a qualified shipyard in- 22 vestment, including specialized workforce, es- 23 sential materials, and complex equipment main- 24 tenance, as determined by the Administrator; or OST-2025-1200 Page 00541 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012222 BOM24567 S6J S.L.C. 171 1 "(D) support workforce development for a 2 shipyard of the United States. 3 "(e) APPLICATIONS FOR RECONSTRUCTION, CONDI- 4 TIONING, OR REPOWERING.--The Maritime Administrator 5 may, if determined to be in the national and economic se- 6 curity interests of the United States and consistent with 7 the requirements of this section, consider an application 8 as described in subsection (a)(1), and award financial as- 9 sistance under this section, for the reconstruction, recondi- 10 tioning, or repowering of an existing vessel in a shipyard 11 of the United States. 12 "(f) PILOT PROGRAM FOR VESSELS IN DOMESTIC 13 COMMERCE.- 14 "(1) IN GENERAL.--The Maritime Adminis- 15 trator may, if determined to be in the national and 16 economic security interests of the United States and 17 consistent with all other requirements of this section 18 (except the requirement under subsection 19 (c)(3)(A)(i)(I)(aa)), establish a pilot program to con- 20 Sider an application as described in subsection 21 (a)(1), and award financial assistance under this 22 section for the construction of a vessel for use in 23 service other than the foreign commerce. 24 "(2) ELIGIBLE VESSELS.-In addition to all 25 other requirements of this section (except the re- OST-2025-1200 Page 00542 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012223