HR7350Referred to Committee

Fishing Vessel Financing Improvement Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-04
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Nicholas J. Begich III
Nicholas J. Begich III
Republican · AK · Representative
Votes with party: 95.1% (667 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$9k

Full profile: /officials/B001323

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Armed Services.

2026-02-04

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

This bill would make it easier for fishing companies and individual fishermen to get loans to buy, build, or repair fishing boats by improving the federal financing programs that currently support the maritime industry. The changes would likely lower interest rates, extend repayment periods, or reduce the paperwork burden for borrowers seeking vessel financing. Fishing businesses of all sizes would benefit from more accessible and affordable credit to invest in their operations.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Transportation and Public Works
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Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.