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Commerce · President's Budget PB2027

Federal Ship Financing Fund

Commerce·Federal Ship Financing Fund·CJ p. 365
FY2027 Request
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Parsed · CJ — verify
Parsed · verify

This figure was parsed from Commerce's FY2027 Congressional Justification, not from a standard budget exhibit. It is approximate and it is not summable with other lines. It is published so you can check it: the citation below names the exact page it was read off. Where a dollar figure matters, verify it there before using it.

The FY2027 President's Budget requests — for Federal Ship Financing Fund, within Commerce's Federal Ship Financing Fund account.

Authoritative context

Commerce discretionary budget authority

FY2027 request$7.00B
FY2026$11.90B
Change▼ 41%

From the OMB Public Budget Database — clean, summable, and the figure to cite for an agency total. It is the whole of Commerce's discretionary request, not a total of the parsed lines above, and this page never adds the two together.

In the agency's own words

What this funds

For FY 2027, NMFS estimates a total of $0 for the Federal Ship Financing Fund Account. To provide for a liquidating account necessary for the collection of premiums and fees under the Fishing Vessel Obligations Guarantee program for loan commitments made prior to FY 1992. Administrative expenses for management of the loan guarantee portfolio were charged to the Federal Ship Financing Fund prior to the enactment of the Federal Credit Reform Act of 1990. Administrative expenses are charged to the ORF account. ' Pay default claims and interest These collections are for operations of this program, loans, and for use in case of default.

Extracted from National Oceanic and Atmospheric Administration, p. 365. Verbatim; nothing here is paraphrased.

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