Bill · H.R. 9921· House(119-HR-9921)
American Shipyard Investment Act of 2026
- Introduced
- 7/23/2026
- Last activity
- 7/23/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Nathaniel Moran
- Cosponsors
- - 1 - 1
- Introduced
- In Committee
What this bill would do
The American Shipyard Investment Act of 2026 aims to amend the Internal Revenue Code of 1986 to bolster national defense and economic security. It does this by providing a tax credit for the construction of United States shipyards. Specifically, it establishes a shipyard investment tax credit for qualified shipyard facilities. This credit is set at 25 percent of the qualified investment, though it increases to 35 percent for facilities in certain specified areas. The credit applies to property used for constructing, repairing, or manufacturing components and equipment for commercial or military vessels. This incentive program is scheduled to terminate for property placed in service after December 31, 2033.
Yes· 3 of 8
Is this likely to create jobs?+5
By incentivizing the construction and repair of vessels and components, the bill is likely to stimulate employment in the shipbuilding industry.
Would business owners be better off under this?+5
The bill provides direct financial incentives for business owners who invest in shipyard facilities.
Is this likely to grow the economy?+4
The investment tax credit aims to bolster economic security through industrial revitalization.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Incentives for Specific Locations: Taxpayers can receive a higher credit of 35 percent instead of 25 percent if the qualified shipyard facility is located in an area described in section 1400Z-1 (Section 2(a)).
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Support for Shipyard Construction and Repair: The bill provides credits for facilities whose primary purpose is constructing or repairing commercial or military vessels (Section 2(b)(3)(B)(i)).
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Support for Critical Component Manufacturing: The bill incentivizes the manufacturing of components that are critical to the operation of commercial or military vessels, as determined by the Secretary (Section 2(b)(3)(B)(ii)).
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Support for Equipment Manufacturing: The bill provides incentives for manufacturing equipment used to produce or repair commercial or military vessels (Section 2(b)(3)(B)(iii)).
Potential Negative Impacts for People
- Expiration of Benefits: The tax credit is not permanent and will not apply to any property placed in service after December 31, 2033 (Section 2(b)(4)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Increases Job Creation+5Improves Economic Growth+4Improves Small Business Support+3Reduces Small Business Taxes+3
- Demographic And Interest Groups
- Good For Business Owners+5Good For Union Workers+4
- Environment Energy And Infrastructure
- Improves Rural Development+3
- National Security And Foreign Policy
- Improves Veterans Benefits+1
- 8/31/2026
- 1 Cosponsor added.
- 7/23/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Brendan BoyleDemocrat · Pennsylvania
Mike KellyRepublican · Pennsylvania