,,ii #aaith ,,congress #ast ,session ,s4 #djg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #e1 #bjbe,mr4 ,lee 7for himself and ,mr4 ,curtis7 introduced the following bill2 which was read twice and referred to the ,committee on ,commerce1 ,science1 and ,transportation ,a ,,bill ,to authorize an exception to the prohibition on the construction of ,coast ,guard vessels in foreign shipyards1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,ensuring ,coast ,guard ,readiness ,act4 #b4 ,exception to prohibition on construction of ,coast ,guard vessels in foreign shipyards 7a7 ,in general ,subsection 7b7 of section #aaea of title #ad1 ,united ,states ,code1 is amended to read as follows3 7b7 7#a7 ,the ,president may authorize exceptions to the prohibition in subsection 7a7 when the ,president determines that it is in the national security interest of the ,united ,states to do so1 provided that-- 7,a7 the foreign shipyard concerned is located in a ,north ,atlantic ,treaty ,organization member country or a country in the ,indo-,pacific region that is party to a mutual defense treaty with the ,united ,states2 and 7,b7 the cost of the construction concerned is less than the cost would be if such construction occurred in a domestic shipyard4 7#b7 ,the ,president shall transmit notice to ,congress of any such determination1 and no contract may be made pursuant to the exception authorized until the end of the #cj-;day period beginning on the date the notice of such determination is received by ,congress4 7#c7 ,before the construction of a ,coast ,guard vessel1 or a major component of the hull or superstructure of a ,coast ,guard vessel1 may commence at a foreign shipyard pursuant to this subsection1 the ,commandant shall submit to ,congress a certification that the foreign shipyard is not owned or operated by a ,chinese company or a multinational company domiciled in the ,people's ,republic of ,china4 4 7b7 ,conforming amendment ,section #hfgi7;a7 of title #aj1 ,united ,states ,code1 is amended by inserting and section #aaea7;b7 of title #ad after in subsection 7b74