S. 3273 would expand the eligibility criteria for grants that the Maritime Administration (MARAD) is authorized to provide to improve infrastructure at maritime ports and facilities. The bill also would direct the Coast Guard (USCG) to undertake activities to promote the use of certain new maritime technologies.
Assuming appropriation of the necessary amounts, CBO estimates that implementing S. 3273 would cost $18 million over the 2019-2023 period. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting S. 3273 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
S. 3273 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA).
