Ensuring Coast Guard Readiness Act
A BILL
To authorize an exception to the restriction on construction of Coast Guard vessels in foreign shipyards for certain construction in shipyards in North Atlantic Treaty Organization countries, and for other purposes.
Sec. 2 Exception to restriction on construction of Coast Guard vessels in foreign shipyards for certain construction in shipyards in North Atlantic Treaty Organization member countries
“(c)
“(1) Subsection (a) shall not apply with respect to construction otherwise covered by that subsection if—
“(A) the foreign shipyard concerned is located in—
“(i) a North Atlantic Treaty Organization member country; or
“(ii) a country in the Indo-Pacific region that is party to a mutual defense treaty with United States; and
“(B) the cost of the construction concerned is less than the cost would be if such construction occurred in a domestic shipyard.
“(2) Before the construction of a Coast Guard vessel, or a major component of the hull or superstructure of a Coast Guard vessel, may commence at a foreign shipyard under this subsection, the Commandant shall submit to Congress a certification that the foreign shipyard is not owned or operated by a Chinese company or a multinational company domiciled in the People's Republic of China.”