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Strengthening Supply Chains: Support for US Manufacturing

This act establishes a new office within the Department of Commerce to strengthen critical supply chains in the US. Citizens may experience greater availability of essential products and services, as well as new job opportunities in manufacturing. The goal is to enhance the nation's economic security.
Key points
Creation of the Supply Chain Resiliency and Crisis Response Office to support US manufacturing.
Grants, loans, and loan guarantees will be available for businesses and institutions to develop domestic production of critical goods and services.
The act aims to create new jobs with competitive wages, especially in economically distressed areas.
Support for companies unable to secure financing on reasonable terms, to bolster supply chain security.
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Additional Information
Print number: 117_HR_5495
Sponsor: Rep. Malinowski, Tom [D-NJ-7]
Process start date: 2021-10-05