Open America's Waters Act

S 2043, the "Open America's Waters Act," removes a longstanding requirement that vessels engaging in U.S. coastwise trade (between U.S. ports) must be built in the United States. The bill amends the U.S. Code to allow any vessel meeting U.S. safety and security standards to operate in this trade, directly affecting shipping companies and vessel operators. Key provisions require the Coast Guard to issue implementing regulations within 90 days mandating safety and security compliance for all vessels in the coastwise trade. The bill also repeals related sections and updates references in maritime law to align with this change.