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US Manufacturing Revival: Investment, Jobs, Equity, and Climate Goals

This Act establishes a new federal corporation to develop and implement a national strategy for revitalizing American manufacturing. Citizens will benefit from the creation of 30 local Manufacturing Renaissance Councils (MRCs) that will offer job training, support for small businesses, and crucial wraparound services like childcare and transportation. The strategy aims for sector-wide net-zero emissions by 2030 and increased manufacturing contribution to the GDP.
Key points
Creation of local Manufacturing Renaissance Councils (MRCs) to provide job training, educational pathways from pre-K through high school, and support for workers and businesses.
Funding for supportive services (e.g., childcare, transportation, benefits assistance) to help workers participate in training and employment programs.
Setting ambitious climate goals for the industry: achieving net-zero greenhouse gas emissions in the manufacturing sector by 2030.
Support for employee ownership conversions and ownership by minority and women entrepreneurs to boost local wealth and job stability.
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Additional Information
Print number: 118_HR_10261
Sponsor: Rep. Schakowsky, Janice D. [D-IL-9]
Process start date: 2024-11-26