I 
108TH CONGRESS 
1ST SESSION H. R. 2190 
To expand the use of Capital Construction Funds to expand the United 
States maritime industry and promote construction by domestic shipbuilders. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 21, 2003 
Mr. MCCRERY introduced the following bill; which was referred to the Com-
mittee on Ways and Means, and in addition to the Committee on Armed 
Services, for a period to be subsequently determined by the Speaker, in 
each case for consideration of such provisions as fall within the jurisdic-
tion of the committee concerned 
A BILL 
To expand the use of Capital Construction Funds to expand 
the United States maritime industry and promote con-
struction by domestic shipbuilders. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘United States Mari-
time Industry Promotion Act of 2003’’. 
SEC. 2. AMENDMENTS TO CAPITAL CONSTRUCTION FUND. 
(a) PERSONS ELIGIBLE.—Subsection (a) of section 
607 of the Merchant Marine Act, 1936 (46 U.S.C. 
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1177(a) App.) is amended by striking ‘‘foreign, Great 
Lakes, or noncontiguous domestic trade’’ and inserting 
‘‘foreign or domestic commerce of the United State’’. 
(b) QUALIFIED VESSEL.— 
(1) IN GENERAL.—Subparagraph (C) of section 
607(k)(2) of such Act is amended to read as follows: 
‘‘(C) which the person maintaining the 
fund agrees with the Secretary will be operated 
in the foreign or domestic commerce of the 
United States, or in the fisheries of the United 
States, and which in the case of towing vessels 
and barges will not be operated on the inland 
waterways of the United States.’’. 
(2) VESSEL.—Paragraph (7) of section 607(k) 
of such Act is amended by inserting before the pe-
riod at the end the following: ‘‘or a dry dock or a 
mobile offshore drilling unit or production unit, but 
it does not include towing vessels or barges operated 
on the inland waterways of the United States’’. 
(3) REPEAL OF NONCONTIGUOUS TRADE; IN-
LAND WATERWAYS.—Subsection (k) of section 607 
of such Act is amended by striking paragraph (8) 
and by inserting the following new paragraph after 
paragraph (7): 
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‘‘(8) The term ‘inland waterways of the United 
States’ means any inland waterway of the United 
States which is described in section 206 of the In-
land Waterways Revenue Act of 1978 (33 U.S.C. 
1804).’’. 
(c) CONFORMING AMENDMENT.—Subsection (i) of 
section 7518 of the Internal Revenue Code of 1986 (relat-
ing to definitions) is amended by striking ‘‘the date of the 
enactment of this section’’ and inserting ‘‘the date of the 
enactment of United States Maritime Industry Promotion 
Act of 2003’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
the date of the enactment of this Act. 
Æ 
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