Manufacturing Reinvestment Corporation Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Aug 27, 2021)
Manufacturing Reinvestment Corporation Act
This bill establishes the Manufacturing Reinvestment Corporation within the Department of Commerce.
The corporation must set national strategic objectives for the manufacturing industry with an emphasis on equity and inclusion. Based on specified criteria, the corporation also must establish and make grants to 30 local Manufacturing Renaissance Councils to support the corporation's objectives. Each council must have a governing board comprised of at least nine members, which include community stakeholder organizations, local governments, educational institutions, and manufacturing companies. Each council must use grants from the corporation for economic development programs in the community, education and training, and wraparound services such as child care and mental health services.
Additionally, the bill provides for the composition of the corporation's board of directors as well as the appointment of an executive director and other employees. The corporation must report annually about its national strategy and finances. The bill requires financial audits of the corporation and of each grantee and contractor.
What just happenedSep 14, 2021
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Who’s behind it
- Introduced in HouseAug 27, 2021
- Sep 14, 2021Committee
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Nutrition, Foreign Agriculture, and Horticulture - Aug 30, 2021Committee
Referred to the Subcommittee on Consumer Protection and Commerce.
Innovation, Data, and Commerce Subcommittee - Aug 27, 2021IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Labor, Financial Services, and Agriculture, 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.
Agriculture Committee - Aug 27, 2021IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Labor, Financial Services, and Agriculture, 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.
Financial Services Committee - Aug 27, 2021IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Labor, Financial Services, and Agriculture, 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.
Education and the Workforce Committee - Aug 27, 2021IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Labor, Financial Services, and Agriculture, 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.
Energy and Commerce Committee - Aug 27, 2021IntroReferralIntro-H
Introduced in House
- Aug 27, 2021IntroReferral1000
Introduced in House