H.R. 3151

SHIPS for America Act of 2025

Sponsor: Trent Kelly

145 cosponsors
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I Oversight and accountability

II Maritime Security Trust Fund

III Sealift capability

IV Vessels of the United States in international commerce

A Strategic sealift programs

B Cargo preference

C Regulatory reform

V Shipbuilding

A Shipbuilding financial incentives

B Department of Defense Programs

C Shipbuilding innovation and infrastructure

VI Workforce Development

A Workforce incentives

B Workforce Pipeline

C United States Merchant Marine Academy and State maritime academies

D Maritime Credentialing Modernization

VII Amendments to the internal revenue code of 1986

Sec. 708. Exemption of student incentive payment agreements from gross income

(a) In general. Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986, as amended by section 702, is further amended by inserting after section 139J the following new section:

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139K. Student incentive payment agreements. In the case of an individual who has entered into an agreement described in section 51509 of title 46, United States Code, gross income does not include any student incentive payments made to such individual pursuant to such agreement.

(b) Clerical amendment. The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986, as amended by section 702, is further amended by inserting after the item relating to section 139J the following new item:

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Sec. 139K. Student incentive payment agreements.

(c) Effective date. The amendments made by this section shall apply with respect to payments made after December 31, 2025.