# Federal Ship Financing Fund

**Agency:** Commerce  
**Account:** Federal Ship Financing Fund  
**Source document:** National Oceanic and Atmospheric Administration · p. 365  
**Vintage:** President's Budget PB2027  
**Canonical URL:** https://hitchintel.com/budget/commerce/federal-ship-financing-fund  

> **Trust:** parsed from the agency Congressional Justification. Approximate, **not summable**, verify at the cited page.


## Commerce discretionary budget authority (OMB PBDB — authoritative)

FY2027 $7.00B, FY2026 $11.90B. This is the agency total, not a sum of the parsed lines.


## 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.


**Where it sits:** Civilian / Non-Defense › Commerce › National Oceanic and Atmospheric Administration › Federal Ship Financing Fund › Federal Ship Financing Fund


*HitchAI is an independent intelligence service, not affiliated with the U.S. government. Civilian line dollars are parsed from agency Congressional Justifications and are approximate.*