A Republican bill with 3 Republican cosponsors · See all 3 cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "Shipbuilding Investment and Workforce Act," proposes changes to the Internal Revenue Code of 1986. It aims to allow certain census tracts, termed "maritime prosperity zones," to be designated as qualified opportunity zones. These zones are determined by the Secretary of Commerce to be suitable for maritime industry operations. To qualify, property and businesses within these zones must be connected to a maritime industry. The bill also establishes the term "qualified maritime prosperity fund." These changes are set to take effect after December 31, 2026.
Yes· 3 of 6
- Scored +5
Would business owners be better off under this?
The bill specifically provides incentives for maritime-related businesses and industries.
- Scored +4
Is this likely to create jobs?
By incentivizing maritime industry investment, the bill likely stimulates job growth in shipbuilding and freight sectors.
- Scored +4
Is this likely to grow the economy?
The bill targets specific industrial sectors to drive localized economic activity via tax-advantaged investments.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Investment in Maritime Industry: The bill allows for the designation of "maritime prosperity zones" as qualified opportunity zones, which can support industries involved in the construction, repair, or refurbishment of shipyards, ports, and vessels (Section 2(a)(4)(A)(ii)).
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Support for Specific Industry Sectors: Certain industries are specifically included as maritime industries, such as ship and boat building, metal product manufacturing, and various freight transportation services (Section 2(a)(4)(A)(ii)).
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Creation of Maritime Prosperity Funds: The bill introduces "qualified maritime prosperity funds," which provides a specific mechanism for investments within these zones (Section 2(b)).
Potential Negative Impacts for People
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Restrictions on Business and Property Use: For a census tract designated solely as a maritime prosperity zone, property and businesses must be used substantially in connection with a maritime industry to qualify, which may limit the scope of eligible investments (Section 2(a)(4)(A)(i)).
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Cap on Designated Zones: There is a limit on the number of population census tracts that can be designated as maritime prosperity zones at any given time, which is capped at 100 (Section 2(a)(4)(B)(i)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Is this likely to grow the economy? — The bill targets specific industrial sectors to drive localized economic activity via tax-advantaged investments. Is this likely to create jobs? — By incentivizing maritime industry investment, the bill likely stimulates job growth in shipbuilding and freight sectors. Does this cut the tax on profits from selling investments? — The bill incentivizes investment in maritime zones through opportunity zone tax benefits.
- Demographic And Interest Groups
- Would business owners be better off under this? — The bill specifically provides incentives for maritime-related businesses and industries. Would people with substantial wealth be better off under this? — Opportunity zone benefits are highly effective for high-net-worth individuals looking to defer capital gains. Would high-income households be better off under this? — The bill provides tax advantages that primarily benefit capital investors and business owners.
- 10/22/2026
- 1 Cosponsor added.
- 9/15/2026
- 1 Cosponsor added.
- 7/23/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Trent KellyRepublican · Mississippi
Nathaniel MoranRepublican · Texas
Mark MessmerRepublican · Indiana