Congressman Nathaniel Moran (TX-01) and Congressman Mike Kelly (PA-16) introduced the American Shipyard Investment Act to rebuild America's shipbuilding industrial base. This legislation reverses the decades-long decline of America’s shipbuilding industrial base by creating a targeted investment tax credit for shipyard construction and expansion.
Support the American Shipyard Investment Act to create investment tax credits for the construction or expansion of qualifying U.S. shipyards, including a larger credit for shipyards built in federally designated Opportunity Zones, for qualifying property placed in service through December 31, 2033.
Occurrences
Evidence
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H.R. 9921 was introduced by Rep. Nathaniel Moran on July 23, 2026 and referred to House Ways and Means. The bill text creates a shipyard investment tax credit of 25 percent, increased to 35 percent for facilities in areas described in section 1400Z-1, and terminates the credit for property placed in service after December 31, 2033.
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Rep. Moran's office announced that Moran and Rep. Mike Kelly introduced the American Shipyard Investment Act. The release says the bill establishes a new ITC for construction or expansion of qualifying U.S. shipyards: 25 percent generally and 35 percent for federally designated Opportunity Zones, applying to qualifying property placed in service through December 31, 2033.
Assessments
Moran fulfilled the promise because the commitment was to support the American Shipyard Investment Act, and he materially advanced the exact measure by introducing H.R. 9921 on July 23, 2026 while serving in the same federal House term. The bill text matches the promised policy: a 25% investment tax credit for qualifying U.S. shipyard construction or expansion, a 35% credit for Opportunity Zone facilities, and eligibility for qualifying property placed in service through December 31, 2033. The evidence does not show enactment, but enactment was not the stated promise.