What is the official ID of this bill?

The official print number for this legislation is HR 2737.

When did the legislative process begin?

The process officially started on 2021-04-21.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/117/bills/hr2737/BILLS-117hr2737ih.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

Who is the primary sponsor?

The primary sponsor is Rep. Murphy, Stephanie N. [D-FL-7].

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Analysis and Potential Impact of HR 2737

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Modernizing Bonds: Boosting Agriculture and Manufacturing Investments.

Q: What are the main provisions?

Key points include: Manufacturing companies can now get up to $50 million from bonds, up from $10 million, enabling larger investments. The definition of 'manufacturing facility' now includes intangible property production and functionally related facilities, opening doors for new types of businesses. First-time farmers can now access up to $552,500 for land and equipment, up from $450,000, making it easier to start farming. Funding limits for businesses and farmers will be adjusted for inflation, ensuring their relevance over time.

This act makes it easier for small and medium-sized manufacturing businesses and farmers to access financing through bonds. It increases funding limits and broadens the definition of manufacturing facilities, potentially fostering job creation and local economic growth. These changes aim to support investments in agriculture and industry.

Key points

Manufacturing companies can now get up to $50 million from bonds, up from $10 million, enabling larger investments.

The definition of 'manufacturing facility' now includes intangible property production and functionally related facilities, opening doors for new types of businesses.

First-time farmers can now access up to $552,500 for land and equipment, up from $450,000, making it easier to start farming.

Funding limits for businesses and farmers will be adjusted for inflation, ensuring their relevance over time.

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Additional Information

Modernizing Agricultural and Manufacturing Bonds Act

Print number: HR 2737

Sponsor: Rep. Murphy, Stephanie N. [D-FL-7]

Process start date: 2021-04-21

System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.

Summarized by: gemini-2.5-flash-preview-05-20

Source data: api.congress.gov

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Modernizing Bonds: Boosting Agriculture and Manufacturing Investments.

Key Questions about Modernizing Bonds: Boosting Agriculture and Manufacturing Investments.