H.R. 3151

SHIPS for America Act of 2025

Sponsor: Trent Kelly

145 cosponsors
Follow this bill

Official summary

No official summary yet.

Text of the bill

Expand all

I Oversight and accountability

II Maritime Security Trust Fund

Sec. 203. Presidential suspension of tonnage taxes and light money

Section 60304 of title 46, United States Code, is amended to read as follows:

Text this section adds to the law

60304. Presidential suspension of tonnage taxes and light money

(a) In general. Except as provided in subsection (b), if the President is satisfied that the government of a foreign country does not impose discriminating or countervailing duties to the disadvantage of the United States, the President may suspend the imposition of special tonnage taxes and light money under sections 60302 and 60303 of this title on vessels of that country.

(b) Exception. Subsection (a) shall not apply to any vessel that—

(1) is owned or operated by a foreign entity of concern (as that term is defined in section 4 of the SHIPS for America Act of 2025);

(2) is a vessel registered under a registry of a foreign country of concern (as that term is defined in section 4 of the SHIPS for America Act of 2025); or

(3) was a vessel registered under a registry of a foreign country of concern (as that term is defined in section 4 of the SHIPS for America Act of 2025) at any time during the 3 years preceding the date of the determination of the application of subsection (a).

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