Legis Daily

Investing in Rural Manufacturing Act

USA118th CongressHR-414| House 
| Updated: 1/20/2023
Brad Finstad

Brad Finstad

Republican Representative

Minnesota

Cosponsors (8)
Marie Gluesenkamp Perez (Democratic)Angie Craig (Democratic)Donald G. Davis (Democratic)Earl L. "Buddy" Carter (Republican)Mark E. Amodei (Republican)Mary Sattler Peltola (Democratic)Yadira Caraveo (Democratic)Bill Johnson (Republican)

Small Business Committee, Appropriations Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
Jan 20, 2023
Introduced in House
Jan 20, 2023
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.
  • January 20, 2023
    Introduced in House
  • January 20, 2023
    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.

Commerce

Investing in Rural Manufacturing Act

USA118th CongressHR-414| House 
| Updated: 1/20/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 20, 2023
Introduced in House
Jan 20, 2023
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.
  • January 20, 2023
    Introduced in House
  • January 20, 2023
    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.
Brad Finstad

Brad Finstad

Republican Representative

Minnesota

Cosponsors (8)
Marie Gluesenkamp Perez (Democratic)Angie Craig (Democratic)Donald G. Davis (Democratic)Earl L. "Buddy" Carter (Republican)Mark E. Amodei (Republican)Mary Sattler Peltola (Democratic)Yadira Caraveo (Democratic)Bill Johnson (Republican)

Small Business Committee, Appropriations Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted