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Strengthening Supply Chains: Support for Businesses and Product Security

This act aims to strengthen domestic supply chains to prevent shortages and price increases of critical products. It means the government will support U.S. companies, especially small businesses, in increasing the production of important goods, which could lead to greater product availability and more stable prices for consumers. Companies receiving support will need to adhere to specific labor standards.
Key points
A new office will be established within the Department of Commerce to monitor and strengthen supply chains to avoid shortages of important products.
Companies producing critical goods in the U.S., especially small businesses, may receive loans, loan guarantees, or grants to expand production.
Supported companies will be required to maintain production in the U.S. and adhere to specific labor standards, including facilitating collective bargaining.
5 billion dollars annually are authorized for fiscal years 2023-2027 to carry out the program, with most of it going into a special support fund.
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Additional Information
Print number: 117_HR_6478
Sponsor: Rep. Axne, Cynthia [D-IA-3]
Process start date: 2022-01-25
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Supply Chain Resiliency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6478.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-01-25.

What are the main provisions?

Key points include:

  • A new office will be established within the Department of Commerce to monitor and strengthen supply chains to avoid shortages of important products.
  • Companies producing critical goods in the U.S., especially small businesses, may receive loans, loan guarantees, or grants to expand production.
  • Supported companies will be required to maintain production in the U.S. and adhere to specific labor standards, including facilitating collective bargaining.
  • 5 billion dollars annually are authorized for fiscal years 2023-2027 to carry out the program, with most of it going into a special support fund.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Axne, Cynthia [D-IA-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Consumer Protection and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Public Investments Labor