As ordered reported by the House Committee on Transportation and Infrastructure on February 11, 2014
H.R. 4005 would amend laws that govern the activities of the United States Coast Guard (USCG), the Maritime Administration (MARAD) within the Department of Transportation, and the Federal Maritime Commission (FMC). The bill also would authorize appropriations totaling about $17.5 billion, primarily for ongoing USCG operations over the 2015-2016 period, and would increase the amount of food aid required to be shipped on vessels registered in the United States. Assuming appropriation of the specified and necessary amounts, CBO estimates that implementing the legislation would cost $16.8 billion over the 2015-2019 period.
Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues.
H.R. 4005 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.