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Support for US Small Manufacturing Businesses and Innovation

This act establishes a new investment program to help small manufacturing businesses in the US secure funding. The goal is to strengthen domestic supply chains and create jobs, potentially leading to greater product availability and economic stability.
Key points
New investment fund for small manufacturing businesses to boost their resilience and innovation.
Easier access to capital for manufacturing firms, including those managed by new or underrepresented managers.
Financial support for businesses that create or preserve jobs within the United States.
Permission for electronic submission of documents, simplifying administrative processes for businesses.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_1059
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-03-25
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

American Innovation and Manufacturing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1059.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-25.

What are the main provisions?

Key points include:

  • New investment fund for small manufacturing businesses to boost their resilience and innovation.
  • Easier access to capital for manufacturing firms, including those managed by new or underrepresented managers.
  • Financial support for businesses that create or preserve jobs within the United States.
  • Permission for electronic submission of documents, simplifying administrative processes for businesses.
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 Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments