A bill entitled: Passenger Ship Authorization Act.

Directs the Secretary of the department in which the Coast Guard is operating to document as a U.S. vessel entitled to engage in the coastwise trade any passenger vessel, if: (1) all major structural components of such vessel are fabricated and assembled in the United States, and its propulsion and auxiliary machinery systems are installed and tested in the United States; (2) such vessel is in compliance with other requirements for coastwise trade vessels; (3) such vessel is owned by a U.S. citizen; (4) the for hire carriage trade is limited to passengers and their property; and (5) such vessel's owner is agreeable to contracting with the United States for inclusion of enhanced military features.

Makes this Act applicable to any passenger vessel for which a building contract has been executed within two years of enactment.