H.R. 414 · 118th Congress · House

Investing in Rural Manufacturing Act

Active· Referred to the Committee on Small Business, and in addition to the Committee on Appropriations, for a period to be subsequently determined …
Introduced
Jan 20, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

4
  1. JAN 20, 2023•IntroReferral

    Introduced in House

  2. JAN 20, 2023•IntroReferral

    Introduced in House

  3. JAN 20, 2023•IntroReferral

    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.

  4. JAN 20, 2023•IntroReferral

    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.

Committees

2

Appropriations Committee

hsap00

Referred: Jan 20, 2023

Active

Small Business Committee

hssm00

Referred: Jan 20, 2023

Active