National Shipbuilding Budget Policy Act

National Shipbuilding Budget Policy Act - Authorizes appropriations for FY2011-FY2015 for: (1) construction of vessels to meet Navy force requirements; and (2) loan guarantees and commitments for the construction of new vessels to replace and expand the U.S. fleet of commercial vessels.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5035 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 5035

  To authorize appropriations for the construction of vessels for the 
Navy and to authorize appropriations for loan guarantees for commercial 
                                vessels.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 15, 2010

 Mr. Wittman introduced the following bill; which was referred to the 
                      Committee on Armed Services

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                                 A BILL


 
  To authorize appropriations for the construction of vessels for the 
Navy and to authorize appropriations for loan guarantees for commercial 
                                vessels.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``National Shipbuilding Budget Policy 
Act''.

SEC. 2. NATIONAL SHIPBUILDING AUTHORIZATIONS OF APPROPRIATIONS.

    (a) Navy.--Funds are hereby authorized to be appropriated for each 
of fiscal years 2011 through 2015 for the construction of vessels for 
the Navy to meet the force requirements of the Navy (as described in 
the annual naval vessel construction plan required by section 231 of 
title 10, United States Code) in the amount of $20,000,000,000.
    (b) The Merchant Marine.--Funds are hereby authorized to be 
appropriated for each of fiscal years 2011 through 2015 for loan 
guarantees and commitments authorized under chapter 537 of title 46, 
United States Code, for the construction of new vessels to replace and 
expand the domestic fleet of commercial vessels (as that term is 
defined in that chapter) in the amount of $60,000,000.
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