REAUTHORIZATION OF MARITIME SECURITY PROGRAM.

SEC. 3502. REAUTHORIZATION OF MARITIME SECURITY PROGRAM. (a) Award of Operating Agreements.—Section 53103 of title 46, United States Code, is amended by striking “2035” each place it appears and inserting “2040”. (b) Effectiveness of Operating Agreements.—Section 53104(a) of title 46, United States Code, is amended by striking “2035” and inserting “2040”. (c) Annual Payments.—Section 53106(a)(1) of title 46, United States Code, is amended— (1) in subparagraph (C), by striking “2024, and 2025” and inserting “, and 2024”; (2) by redesignating subparagraphs (D) through (F) as subparagraphs (E) through (G), respectively; (3) by inserting after subparagraph (C) the following new subparagraph (D): “(D) $6,500,000 for each of fiscal years 2025 and 2026;” ; (4) in subparagraph (E), as so redesignated— (A) by striking “$5,800,000” and inserting “$6,675,500”; and (B) by striking “2026, 2027,” and inserting “2027”; (5) in subparagraph (F), as so redesignated— (A) by striking “$6,300,000” and inserting “$6,855,000”; and (B) by striking “, 2030, and 2031; and” and inserting “and 2030;”; (6) in subparagraph (G), as so redesignated— (A) by striking “$6,800,000” and inserting “$7,040,000”; (B) by inserting “2031 and” before “2032”; and (C) by striking “, 2033, 2034, and 2035.” and inserting a semicolon; and (7) by adding at the end the following new subparagraphs: “(H) $7,230,000 for each of fiscal years 2033 and 2034; “(I) $7,426,000 for each of fiscal years 2035 and 2036; “(J) $7,626,000 for each of fiscal years 2037 and 2038; and “(K) $7,832,000 for each of fiscal years 2039 and 2040.” . (d) Authorization of Appropriations.—Section 53111 of title 46, United States Code, is amended— (1) in paragraph (3), by striking “2024, and 2025” and inserting “and 2024”; (2) by redesignating paragraphs (4) through (6) as paragraphs (5) through (7), respectively; (3) by inserting after paragraph (3) the following new paragraph (4): “(4) $390,000,000 for each of fiscal years 2025 and 2026;” ; (4) in paragraph (5), as so redesignated— (A) by striking “$348,000,000” and inserting “$400,500,000”; and (B) by striking “2026, 2027,” and inserting “2027”; (5) in paragraph (6), as so redesignated— (A) by striking “$378,000,000” and inserting “$411,300,000”; and (B) by striking “, 2030, and 2031; and” and inserting “and 2030;”; (6) in paragraph (7), as so redesignated— (A) by striking “$408,000,000” and inserting “$422,400,000”; and (B) by striking “2032, 2033, 2034, and 2035” and inserting “2031 and 2032”; and (7) by adding at the end the following new paragraphs: “(8) $433,800,000 for each of fiscal years 2033 and 2034; “(9) $445,560,000 for each of fiscal years 2035 and 2036; “(10) $457,560,000 for each of fiscal years 2037 and 2038; and “(11) $469,920,000 for each of fiscal years 2039 and 2040.” .