On the recordDecember 12, 2014
I speak today about an important provision in the defense bill. As you know, the maritime and shipbuilding industries are significant contributors to the economy in Louisiana and are important to our national security. In Louisiana alone, these industries employ thousands of hard-working Americans. I am pleased that the managers of this bill were able to include section 3502, dealing with floating drydocks that are owned or contracted for purchase by eligible United States shipyards or their affiliates prior to this bill's enactment. The term ``shipyard'' in section 3502 will apply to any facility owned by an eligible company in the United States that constructs or repairs commercial or government vessels, including, but not limited to, facilities that undertake alterations, conversions, installations, cleaning, painting, or maintenance work to such vessels. This provision will clear confusion regarding drydocks and will benefit American shipbuilders. I commend the managers for including this provision in the bill.
