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United States · Bill · HR

H.R. 414 (118th)

Investing in Rural Manufacturing Act

referredUnited States· United States Congress· EN

Introduced

20 January 2023

Last action

Status

Referred to the Committee on Small Business, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Subjects

Discovery layer

Source updated

24 July 2024

Summary

Investing in Rural Manufacturing Act This bill authorizes the Small Business Administration to make loans for certain costs to businesses that manufacture goods essential to critical infrastructure sectors in rural areas. Businesses that meet at least 75% of their job creation goals under such loans may receive partial loan forgiveness.

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Documents

3 official files

Introduced in House (text)

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