CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 6383· Senate(119-SAMDT-6383)

S.Amdt. 6383

Rep. Kelly
Age: 62 years
Arizona
Introduced
6/24/2026
Sponsored by
Mark Kelly
Cosponsors
Democrat - 0Republican - 1
Changes bill
119-S-4784 — National Defense Authorization Act for Fiscal Year 2027
  1. Introduced
  2. Pending Consideration

What this amendment would do

This amendment, submitted by Mr. Kelly and Mr. Young, aims to add a new section to title X of bill S. 4784. The purpose of this addition is to establish the Maritime Security Trust Fund.

The amendment changes the existing text of section 50301 of title 46, United States Code, by updating headings and reorganizing various subsections and paragraphs.

The new trust fund is designed for the following:

  • Purpose: To support the maritime industrial base and the merchant marine of the United States.

  • Funding Sources: The fund will be credited with money from:

    • Specific taxes, such as regular tonnage taxes, special tonnage taxes, and light money.
    • Revenue from certain duties, including those related to vessel repair and equipment, discriminating duties on goods imported in foreign vessels, and fees or penalties imposed by the United States Trade Representative regarding the People's Republic of China's targeting of shipbuilding, logistics, and maritime sectors.
    • Penalties paid regarding vessels under various listed sections of the law.
    • Revenue from the seizure and forfeiture of maritime vessels.

  • Limits and Use: The total balance of the fund cannot exceed $20,000,000,000. The money in the fund will be used to meet authorized obligations of the United States.