Interstate Ferry Fairness Act

The Interstate Ferry Fairness Act allows privately owned ferries and ferry terminals operating between two adjoining states to receive federal funding for construction and purchase. Under this legislation, private ferry operators can apply for federal assistance if the Secretary of Transportation determines the project provides substantial public benefits or meets surface transportation needs. The bill also permits privately owned ferries to charge fares that cover operational costs plus a reasonable rate of return approved by the Secretary. These changes expand eligibility for the Ferry Boat Program beyond publicly owned vessels, while maintaining oversight on fare structures and fund usage.