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Congressman Garret Graves (R-LA) will introduce companion legislation in the U.S. House of Representatives shortly. The legislation aims to improve the domestic ship recycling industry and promote transparency by requiring reports from Maritime Administration (MARAD) and an audit by the Government Accountability Office. Current law requires all excess government vessels to be sold to domestic marine recyclers to be dismantled. A portion of the funding from the sales goes toward the Vessel Operations Revolving Fund, federal and state maritime academies, and the maritime heritage grant program.