Launches a $10 billion program to develop cleaner ships and port facilities.
This bill would create a new federal program to support the development and use of ships that produce zero emissions. It would set aside $1 billion each year for ten years to help companies, ports, and researchers build and upgrade vessels and their charging or fueling stations. This aims to make shipping cleaner and create jobs.
Today, there is no dedicated federal program to specifically fund the research and development of zero-emission vessels and their charging infrastructure. If this bill becomes law, the Department of Transportation would establish a new program, authorized to spend $1,000,000,000 each year from the government's budget year 2027 through 2036, to provide grants, loans, and loan guarantees for these clean shipping projects.
S 4935 · 119th Congress · June 24, 2026 · AI Summary by gemini-2.5-flash · 10/10
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