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To amend title 46, United States Code, to include certain passenger ferries as eligible and qualified vessels under Capital Construction Funds, and for other purposes.

12/29/2022, 9:48 PM

Summary of Bill HR 6882

Bill 117 hr 6882, also known as the Passenger Ferry Modernization Act, aims to amend title 46 of the United States Code to include certain passenger ferries as eligible and qualified vessels under Capital Construction Funds. This bill is designed to support the modernization and improvement of passenger ferry services in the United States.

The Capital Construction Funds program provides financial assistance to vessel owners for the construction, reconstruction, or reconditioning of vessels in the United States. By including passenger ferries in this program, the bill seeks to promote the development of a more efficient and sustainable transportation system for passengers traveling by water.

In addition to expanding the eligibility of passenger ferries for Capital Construction Funds, the bill also includes provisions for other purposes related to the improvement of passenger ferry services. This may include requirements for safety standards, environmental protections, or other regulations aimed at enhancing the overall quality and reliability of passenger ferry operations. Overall, the Passenger Ferry Modernization Act is intended to support the growth and modernization of passenger ferry services in the United States, ultimately benefiting both passengers and the transportation industry as a whole.

Congressional Summary of HR 6882

This bill makes certain ferries and passenger vessels eligible and qualified vessels for capital construction funds. U.S. citizens owning or leasing an eligible vessel may make an agreement with the Department of Transportation to establish a capital construction fund for such vessel to provide replacement vessels, additional vessels, or reconstructed vessels built in and documented under the laws of the United States.

Current Status of Bill HR 6882

Bill HR 6882 is currently in the status of Bill Introduced since March 1, 2022. Bill HR 6882 was introduced during Congress 117 and was introduced to the House on March 1, 2022.  Bill HR 6882's most recent activity was Referred to the Subcommittee on Coast Guard and Maritime Transportation. as of March 2, 2022

Bipartisan Support of Bill HR 6882

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
4
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6882

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- Income tax deferral
- Marine and inland water transportation

Alternate Title(s) of Bill HR 6882

To amend title 46, United States Code, to include certain passenger ferries as eligible and qualified vessels under Capital Construction Funds, and for other purposes.
To amend title 46, United States Code, to include certain passenger ferries as eligible and qualified vessels under Capital Construction Funds, and for other purposes.

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