S 3467 United States Senate · 118th Congress

Energizing American Shipbuilding Act of 2023

This bill requires natural gas and crude oil exporters to use U.S.-documented vessels built or retrofitted in the U.S. with key ship components manufactured domestically, gradually increasing the required percentage of such exports each year. For natural gas exports, the minimum percentage starts at 2% in the first 7 years and rises to 15% by the 22nd year; for crude oil, it starts at 3% and reaches 10% after 14 years. It directly affects exporters of these energy commodities, U.S. shipyards performing retrofits, and manufacturers of specified components like propulsion systems and valves. The bill also mandates training opportunities for U.S. mariners and allows waivers for cost or supply issues, while requiring the Energy Information Administration to track and publish export data.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2023
Committee Review
Floor Vote
President
Introduced Dec 12, 2023 Last action Dec 12, 2023
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Total actions
2
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0
Committee
1
Dec 12, 2023
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Dec 12, 2023
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors

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