$7.9B USCG Reauthorization Approved by Subcommittee
Legislation to authorize more than $7.9 billion for the Coast Guard for Fiscal Year 2005, including $1.1 billion for the Deepwater project, was unanimously approved by the U.S. House Coast Guard and Maritime Transportation Subcommittee today. Deepwater is the Coast Guard’s program to replace and modernize its operational capital assets. The Coast Guard’s fleet is rapidly deteriorating, leading to higher safety risks and maintenance costs, and a lower state of readiness. At a Subcommittee hearing last week, the Commandant of the Coast Guard expressed concern that assets are wearing out faster than anticipated. The Coast Guard Authorization Act for FY 2005 (H.R. * U.S. Rep. * U.S. Rep. * U.S. Rep. * U.S. Rep. H.R.
Transport Committee OKs USCG Bill
Bipartisan legislation that authorizes approximately $8 billion for the U.S. Coast Guard in Fiscal Year 2005, including $1.1 billion for the agency’s efforts to modernize its operational assets (Deepwater Project), was approved today by the U.S. House Transportation and Infrastructure Committee. The Coast Guard Authorization Act for Fiscal Year 2005 (H.R. * Rep. * Rep. * Rep. * Rep. * Rep. The bill was unanimously approved without amendment. The Senate recently passed H.R. 2443, the Committee’s FY 2004 Coast Guard Authorization legislation which the House passed last November. The Senate amended H.R. 2443 to include an FY 2005 authorization. Committee Members expect a conference on H.R. 2443 to begin soon and will work to include today’s legislation in the final Coast Guard package.
