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Easier Goods Transport: Temporary Waivers for Vessel Requirements

This new act aims to streamline goods transportation in the U.S. by allowing temporary waivers for certain vessel requirements when suitable carriers are unavailable. This means businesses might get products to market faster, potentially impacting product availability and prices for consumers. The waiver process is designed to be quicker and more transparent.
Key points
Businesses can request temporary waivers from vessel requirements if they cannot find an available product carrier for specific goods.
Waivers will be issued for a limited duration (minimum 30 days) with possible extensions, providing flexibility when vessel availability is scarce.
Government agencies have 60 days to approve or deny a waiver request; failure to respond within this period results in an automatic 30-day waiver.
Congress will be notified of all waiver requests and issuances, enhancing transparency in the process.
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Additional Information
Print number: 118_HR_7081
Sponsor: Rep. Cline, Ben [R-VA-6]
Process start date: 2024-01-25