Zero-Emission Vessel Innovation Act
The Zero-Emission Vessel Innovation Act establishes a $1 billion annual fund (2025-2034) to support research, development, and deployment of zero-emission vessels and their infrastructure, such as charging stations for electric ships or clean fuel systems. Eligible entities - including vessel operators, manufacturers, ports, and research institutions - can apply for grants, low-interest loans, or loan guarantees to cover costs for projects meeting specific priorities like reducing costs, improving environmental justice, and training workers. The program requires prioritizing projects with additional environmental benefits (e.g., reduced underwater noise) and mandates annual public reporting on funded projects. An advisory committee of industry, labor, and environmental experts will guide the program and assess progress toward clean shipping technology goals.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
President
Introduced Nov 20, 2024
Last action Nov 20, 2024
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Full legislative history
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Total actions
2
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0
Committee
1
Nov 20, 2024
Committee
Referred to the Committee on Science, Space, and Technology, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Nov 20, 2024
Introduced
Introduced in House
lower
1 primary · 8 co-sponsors
Sponsors
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