S.407

Ensuring Coast Guard Readiness Act allows exceptions to foreign shipyard construction prohibitions for national security.

The Ensuring Coast Guard Readiness Act modifies the prohibition on constructing Coast Guard vessels in foreign shipyards. It allows exceptions if the shipyard is in a NATO member or Indo-Pacific mutual defense treaty country and the cost is less than domestic construction. The President must notify Congress, and a 30-day waiting period applies before contracts can be made. The Commandant must certify that the shipyard is not owned by a Chinese or PRC-domiciled multinational company.