Shipbuilding Innovation Act (H.R. 10479)
December 18, 2024
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Where This Stands
Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →The Frame
If enacted, this bill would authorize $100 million annually from 2025 through 2029 to subsidize up to 80% of the costs for shipyard infrastructure and vessel design, directly impacting the financial viability of domestic maritime manufacturers and energy-related shipping operations.
Potentially affected actors named in the source documents. Mention is not a position.
U.S. Shipyards
Shipyards are eligible to apply for federal grants to fund infrastructure and vessel development.
Maritime Administration
The agency is tasked with administering the grant program, auditing recipients, and issuing funding notices.
Energy transition companies
These entities may utilize the specialty vessels developed and built under this program.
Current stage: IN_COMMITTEE.
Floor Vote.
Summary
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What can the grant money be used for?
Are there restrictions on where materials must be sourced?
Who is eligible to apply for these grants?
Why It Matters
If enacted, this bill would authorize $100 million annually from 2025 through 2029 to subsidize up to 80% of the costs for shipyard infrastructure and vessel design, directly impacting the financial viability of domestic maritime manufacturers and energy-related shipping operations.
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Increasing Domestic Content Requirements
The bill explicitly scales up 'Buy America' requirements from 70% to 80% by 2029, signaling a legislative push for higher domestic manufacturing standards in the maritime sector.
Connected Entities
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz30Current news / social attention level
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