(a) Limitation
Section 501 of title 46, United States Code, is amended—
by redesignating subsection (d) as subsection (e); and
by inserting after subsection (c) the following new subsection:
(d) Limitation relating to foreign entities of concern
No vessel may operate under a waiver issued under this section until—
the owner or operator of the vessel and the individual requesting such waiver (if not the owner or operator of the vessel) submits to the Maritime Administrator sufficient proof that the vessel is not owned, operated, or crewed by a foreign entity of concern, as such term is defined in section 10612 of the CHIPS Act of 2022 ( Public Law 117–167 ; 42 U.S.C. 19221 ); and
the Maritime Administrator confirms the validity of the proof submitted under paragraph (1).
(b) Applicability
The amendments made by subsection (a) shall apply with respect to vessels operating on or after the date of the enactment of this Act, regardless of whether a waiver governing such operation has been issued under section 501 of title 46, United States Code, prior to such date of enactment.