The American Shipyard Investment Act of 2026 incentivizes the construction of U.S. shipyards by providing a tax credit for investments in shipyard.

The American Shipyard Investment Act of 2026 amends the Internal Revenue Code to create a tax credit for investments in shipyard facilities located within the United States. This credit applies to facilities primarily used for constructing or repairing commercial or military vessels, or manufacturing critical components for such vessels. The credit is equal to 25 percent of the qualified investment, or 35 percent for facilities in certain areas. The credit is available for property placed in service after the introduction of the Act but before January 1, 2034.

The American Shipyard Investment Act of 2026 incentivizes the construction of U.S. shipyards by providing a tax credit for investments in shipyard.

The American Shipyard Investment Act of 2026 amends the Internal Revenue Code to create a tax credit for investments in shipyard facilities located within the United States. This credit applies to facilities primarily used for constructing or repairing commercial or military vessels, or manufacturing critical components for such vessels. The credit is equal to 25 percent of the qualified investment, or 35 percent for facilities in certain areas. The credit is available for property placed in service after the introduction of the Act but before January 1, 2034.