Bill > HR4952

This bill authorizes an exception to the current prohibition on constructing Coast Guard vessels in foreign shipyards under specific circumstances. The President can grant an exception to the ban if it serves national security interests, but only if the foreign shipyard is located in a NATO member country or an Indo-Pacific country with a mutual defense treaty with the United States, and the construction costs are lower than what they would be in a domestic shipyard. Before any such construction can begin, the President must provide Congress with a 30-day notice, and the Coast Guard Commandant must certify that the foreign shipyard is not owned or operated by a Chinese company or a multinational company based in China. The bill, known as the "Ensuring Coast Guard Readiness Act," aims to provide flexibility in vessel construction while maintaining national security safeguards and protecting against potential Chinese involvement in the shipbuilding process.

Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/house-bill/4952/all-info