Incentivizing the Expansion of U.S. Ports Act

1/23/2024, 2:30 PM

Summary of Bill S 3434

Bill 118 s 3434, also known as the Incentivizing the Expansion of U.S. Ports Act, aims to provide incentives for the expansion and improvement of ports across the United States. The bill recognizes the importance of ports in facilitating trade and commerce, and seeks to support their growth and development.

One key provision of the bill is the establishment of a grant program that will provide funding to ports for infrastructure projects. These projects may include the construction of new terminals, the expansion of existing facilities, or the implementation of technology to improve efficiency and security.

Additionally, the bill includes measures to streamline the permitting process for port projects, in order to reduce delays and encourage investment. It also calls for the development of a national strategic plan for port infrastructure, to ensure that resources are allocated effectively and that ports are able to meet the demands of a growing economy. Overall, the Incentivizing the Expansion of U.S. Ports Act aims to support the growth and modernization of ports in the United States, in order to enhance their competitiveness and ensure that they continue to play a vital role in the nation's economy.

Current Status of Bill S 3434

Bill S 3434 is currently in the status of Bill Introduced since December 7, 2023. Bill S 3434 was introduced during Congress 118 and was introduced to the Senate on December 7, 2023.  Bill S 3434's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of December 7, 2023

Bipartisan Support of Bill S 3434

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3434

Primary Policy Focus

Transportation and Public Works

Alternate Title(s) of Bill S 3434

Incentivizing the Expansion of U.S. Ports ActIncentivizing the Expansion of U.S. Ports ActA bill to eliminate certain requirements with respect to dredging and dredged material, and for other purposes.
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