Laura Sanicola and Timothy Gardner of Reuters report on the U.S. defense bill which will strengthen the Jones Act.
- The Senate-passed defense bill will make it harder and more expensive to transport fuel and deliver emergency relief.
- The bill makes it harder for non-American ships to obtain a Jones Act waiver and requires a presidential determination that the waiver is needed for national defense.
- The outdated Jones Act has driven up costs, hurt American energy security, and failed to protect America’s shipping industry.
- Lawmakers should modernize or ultimately repeal the Jones Act.
“The annual must-pass National Defense Authorization Act, or NDAA, amends the Jones Act waiver process to require the request be made public, establishes a 48 hour holding period after publication, prohibits any ship with goods on waterways from obtaining the waiver and requires a presidential determination that the waiver is needed for national defense.”
Read the full article here.