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H.R. 414

Investing in Rural Manufacturing Act

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.

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.

Rep. Finstad, Brad [R-MN-1](R-MN)Sponsor
8 cosponsors5 D3 R
8cosponsors2committees4actions
  1. IntroReferralH11100

    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.

    Appropriations Committee
  2. IntroReferralH11100

    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.

    Small Business Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Investing in Rural Manufacturing Act — Informed