S.1968 - Working Waterfronts Act of 2025 (119th Congress)
Summary
The Working Waterfronts Act of 2025 aims to support rural coastal and maritime economic development through various initiatives. It includes provisions for coastal energy, fisheries and seafood, shoreside infrastructure, workforce development, and miscellaneous ocean-related issues. The Act introduces tax credits for hydroelectric facilities, promotes alternative fuel commercial fishing vessels, and provides loans and grants for fishing and mariculture businesses.
Expected Effects
The Act is likely to stimulate economic activity in coastal communities by supporting fisheries, mariculture, and related industries. It will also encourage sustainable practices in the maritime sector through investments in alternative energy and infrastructure. The Act could lead to increased job opportunities, improved infrastructure, and enhanced environmental protection in coastal regions.
Potential Benefits
- Increased economic opportunities in rural coastal communities through grants and loans.
- Promotion of sustainable fishing practices and mariculture.
- Development of shoreside infrastructure to support the fishing industry.
- Workforce development programs to train individuals for maritime jobs.
- Support for ocean innovation and research.
Potential Disadvantages
- Potential for increased government spending and debt if not managed effectively.
- Possible unintended consequences from new regulations on the fishing industry.
- Risk of funds being misallocated or used inefficiently.
- Potential for environmental harm if projects are not properly vetted.
- Increased tax burden for some individuals and businesses to fund the initiatives.
Constitutional Alignment
The Act's focus on economic development and infrastructure aligns with the general welfare clause of the Constitution (Preamble). The Act's support for interstate commerce through fisheries and maritime activities is consistent with the Commerce Clause (Article I, Section 8). The Act does not appear to infringe on any specific individual rights or liberties protected by the Bill of Rights.
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).