Rebuilding the United States-Flag International Fleet Act

Hozzl · 2023-12-15T15:56:36Z

Explore the details of House Bill 2373 Rebuilding the United States-Flag International Fleet Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Transportation and Public Works. Stay informed on legislative developments.

12/15/2023, 3:56 PM

Summary of Bill HR 2373

Bill 118 hr 2373, also known as the Rebuilding the United States-Flag International Fleet Act, aims to revitalize the United States-flag international fleet by providing incentives and support for American vessels to engage in international trade. The bill recognizes the importance of a strong maritime industry for national security, economic growth, and job creation.

The key provisions of the bill include:

1. Providing financial assistance and loan guarantees to American vessel operators to help them compete in the global market. 2. Establishing a grant program to support the construction and modernization of US-flag vessels. 3. Promoting the hiring of American seafarers and ensuring fair wages and working conditions for maritime workers. 4. Encouraging the use of US-flag vessels for government cargo shipments and military sealift operations. 5. Strengthening enforcement mechanisms to ensure compliance with US maritime laws and regulations. Overall, the Rebuilding the United States-Flag International Fleet Act seeks to promote a robust and competitive US-flag international fleet that can effectively contribute to the nation's economic prosperity and security.

Current Status of Bill HR 2373

Bill HR 2373 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2373 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2373's most recent activity was Referred to the Subcommittee on Coast Guard and Maritime Transportation. as of March 30, 2023