Port Modernization and Supply Chain Protection Act
This bill allows foreign-built dredge vessels to operate in the United States by eliminating requirements for such vessels to be U.S.-built and -owned.

To repeal the requirements of the Foreign Dredge Act of 1906 with 
               respect to dredging and dredged material.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Port Modernization and Supply Chain 
Protection Act''.

SEC. 2. DREDGING; DREDGED MATERIAL.

    (a) Repeal.--
            (1) In general.--Section 55109 of title 46, United States 
        Code, is repealed.
            (2) Conforming amendment.--The analysis for chapter 551 of 
        title 46, United States Code, is amended by striking the item 
        relating to section 55109.
    (b) Excluding Dredged Material From Transportation Requirements.--
            (1) In general.--Section 55110 of title 46, United States 
        Code, is amended--
                    (A) in the section heading, by striking ``or 
                dredged material''; and
                    (B) by striking ``or dredged material''.
            (2) Conforming amendment.--The analysis for chapter 551 of 
        title 46, United States Code, is amended by striking the item 
        relating to section 55110 and inserting the following:

``Sec. 55110. Transportation of valueless material.''.
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Port Modernization and Supply Chain Protection Act
A bill to repeal the requirements of the Foreign Dredge Act of 1906 with respect to dredging and dredged material.
Port Modernization and Supply Chain Protection Act
Sen. Lee, Mike