H.R.3842 - To amend title 46, United States Code, to include the replacement or purchase of additional cargo handling equipment as an eligible purpose for Capital Construction Funds, and for other purposes. (119th Congress)
Summary
H.R. 3842 amends Title 46 of the United States Code to include the replacement or purchase of additional cargo handling equipment as an eligible purpose for Capital Construction Funds (CCF). This bill allows marine terminal operators to establish CCFs for the acquisition, construction, or reconstruction of cargo handling equipment. The bill also includes provisions regarding the manufacturing location of the equipment and restrictions on the use of funds for fully automated equipment and cranes manufactured in the People's Republic of China.
Expected Effects
The bill aims to modernize and improve the efficiency of marine terminals in the United States by providing financial incentives for upgrading cargo handling equipment. This could lead to increased competitiveness of U.S. ports and reduced shipping costs. However, restrictions on automation and Chinese-made equipment could also create challenges for terminal operators.
Potential Benefits
- Modernization of U.S. marine terminals.
- Potential for increased efficiency and reduced shipping costs.
- Support for U.S. manufacturing of cargo handling equipment.
- Incentives for investment in port infrastructure.
- Potential job creation related to equipment manufacturing and maintenance.
Potential Disadvantages
- Restrictions on automation could hinder innovation and efficiency gains.
- Prohibition on PRC cranes may increase equipment costs.
- Potential for increased bureaucracy in managing Capital Construction Funds.
- Possible delays in equipment upgrades due to manufacturing constraints.
- The bill stipulates that fully automated equipment cannot be purchased if it results in a net loss of jobs, which could slow down technological advancement.
Constitutional Alignment
The bill appears to align with the Commerce Clause (Article I, Section 8, Clause 3) of the U.S. Constitution, which grants Congress the power to regulate commerce with foreign nations and among the several states. By improving marine terminals and cargo handling, the bill facilitates interstate and international trade. The bill does not appear to infringe on any specific individual rights or liberties protected by the Constitution or its amendments.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).