This bill would repeal significant restrictions on coastwise trade established by the Jones Act, which currently limits shipping between U.S. ports to vessels that meet strict ownership, construction, and crew requirements. Under the proposed changes, vessels would only need to qualify under general U.S. law to engage in coastwise trade, eliminating many of the current nationality and construction restrictions. The legislation would affect shipping companies and maritime industries that operate along U.S. coasts by potentially reducing costs and expanding vessel eligibility. The U.S. Coast Guard would have 90 days after the law's enactment to issue new safety and security regulations for all vessels permitted in coastwise trade. The bill also includes conforming amendments to remove references to outdated provisions in maritime law related to tank vessels, tankers, and other specialized shipping vessels.
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