Port Modernization and Supply Chain Protection Act

This bill repeals a specific provision (Section 55109) and amends another (Section 55110) in the U.S. Code regarding dredging. It removes all references to "dredged material" from the transportation requirements under Section 55110, changing its title to "Transportation of valueless material." The bill directly affects dredging operations and entities transporting dredged material by eliminating regulatory requirements for this specific type of material. The actual provisions focus on streamlining transportation rules for dredged material, not on port modernization or supply chain protection as the title suggests.