Maritime Administration Authorization Act for Fiscal Year 2012

Bill 112 s 1430, also known as the Maritime Administration Authorization Act for Fiscal Year 2012, is a piece of legislation that focuses on authorizing funding and programs for the Maritime Administration (MARAD) for the fiscal year 2012. The bill aims to support and strengthen the maritime industry in the United States.

One of the key provisions of the bill is the authorization of funding for MARAD programs, including the Maritime Security Program, the National Defense Reserve Fleet, and the Maritime Guaranteed Loan Program. These programs play a crucial role in supporting the maritime industry and ensuring the security and efficiency of the nation's maritime transportation system.

Additionally, the bill includes provisions aimed at promoting the growth of the domestic maritime industry, such as the establishment of a grant program to support the construction and modernization of US-flag vessels. This is intended to help American shipyards and maritime companies compete in the global market and create jobs in the maritime sector. Furthermore, the bill addresses issues related to the training and education of maritime workers, including the authorization of funding for the US Merchant Marine Academy and the establishment of a scholarship program for students pursuing careers in the maritime industry. Overall, Bill 112 s 1430 seeks to support and strengthen the maritime industry in the United States by authorizing funding for key programs and initiatives that promote the growth and competitiveness of the domestic maritime sector.