Senator Lee Introduces Supply Chain Bill to Counter Inflation
March 10, 2022
Sen. Mike Lee (R-UT) introduced the SHIP IT Act today to help ease the nations supply chain crisis and counter rising inflation by simplifying or suspending certain federal regulations on ports, ships, and trucks. Empty shelves and backlogged ports have wreaked havoc on American businesses and families. This bill focuses on streamlining the process to get products off of ships, into trucks, and onto shelves.
The SHIP IT Act builds on and expands Sen. Lee’s STOP the GRINCH Act which was introduced in 2021. For details of the bill, a one-pager of the bill can be read here.
Of the bill, Sen. Lee said, “The SHIP IT Act will help us ease our port congestion at the source and combat rising inflation. Our supply chains and distribution networks are struggling under the combined weight of increased demand, global disruption, and heavy federal regulation. This bill will provide the relief our nation’s supply chains need to get products off of ships, into trucks, and onto shelves, and help Utah families get everyday necessities at prices they can afford.”
Sen. Cynthia Lummis (R-WY) is a cosponsor of the bill. Sen. Lummis said, “Congress must find ways to relieve the pressures of the supply chain crisis on people in Wyoming. The SHIP IT Act would cut red tape and ease factors that are increasing prices and slowing down shipping times for goods that we need. I am happy to work with Senator Mike Lee on this bill.”
A one-pager of the bill is available HERE.
For full text of the bill, HERE.