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SENATE 3467118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Energizing American Shipbuilding Act of 2023

Last Action
12/12/2023

Actions

  • 2023-12-12Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2023-12-12Introduced in Senate

CRS Summary

As of 2023-12-12 (00)

Energizing American Shipbuilding Act of 2023

This bill requires an increasing percentage of liquefied natural gas (LNG) and crude oil exports to be transported on U.S. vessels with American crews by certain deadlines. Specifically, the bill directs (1) the Federal Energy Regulatory Commission (FERC) to require specified percentages of LNG exports to be transported on vessels built or retrofitted in the United States and documented under its laws, and (2) the President to require specified percentages of crude oil exports to be transported on vessels built or retrofitted in the United States and documented under its laws.

The vessels that are subject to these requirements must also have certain components that are built in the United States. If the vessels are retrofitted, the work must be done in a shipyard in the United States. FERC and the President may waive the component requirements under specified circumstances. 

The Energy Information Administration must collect and publish information on exports of natural gas and crude oil by vessels, including forecasts and data on those exports.

Cosponsors (2)

  • Bob Casey (D-PA)
  • Mark Kelly (D-AZ)

Subjects

  • Buy American requirements
  • Government information and archives
  • Licensing and registrations
  • Manufacturing
  • Marine and inland water transportation
  • Oil and gas
  • Transportation employees
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.