This bill expands the purpose of Capital Construction Funds, a federal program that allows shipping companies and marine terminal operators to set aside money for future investments with tax benefits. Currently, these funds can only be used for building or replacing ships, but this legislation adds cargo handling equipment—such as cranes, forklifts, and other machinery used to load and unload cargo at ports—as an eligible use of the funds. The bill applies to both vessel owners and U.S. marine terminal operators and includes restrictions prohibiting the use of funds to purchase fully automated equipment that would result in significant job losses or cranes made in China. Additionally, the Secretary of Transportation must annually report on the availability of cargo handling equipment manufactured in the United States. The bill does not specify new funding amounts, as it modifies how existing capital construction fund money can be spent.