Veto threat re Coast Guard Authorization Act
The Executive Office of the President issued a Statement of Administration Policy in which it states that the President’s senior advisors will recommend veto of the Coast Guard Authorization Act (H.R. 2830) if it includes a provision that would require the Coast Guard to provide security around liquefied natural gas (LNGLF) (LNG) terminals. The concern is that the requirement provides an unwarranted and unnecessary subsidy to owners of private infrastructure that is contrary to the existing assistance framework and would divert finite Coast Guard assets from other high-priority missions. Admiral Thad Allen, Coast Guard issued a statement expressing concern about various provisions in the current version of the legislation.
Source: HK Law