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Support for US Small Manufacturing Businesses and Innovation

This act aims to strengthen supply chain resilience in the manufacturing sector, especially for small businesses. It establishes a new investment program to facilitate access to funding for small manufacturing concerns, potentially leading to job creation and a stronger local economy.
Key points
New investment program for small manufacturing businesses, making it easier to obtain capital.
Financial support for companies that help small manufacturing businesses grow.
Simplified rules for new investment companies to encourage their participation in the program.
Option for electronic submission of documents, streamlining administrative processes.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_580
Sponsor: Rep. Tenney, Claudia [R-NY-24]
Process start date: 2023-01-26
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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

American Innovation and Manufacturing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_580.

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 2023-01-26.

What are the main provisions?

Key points include:

  • New investment program for small manufacturing businesses, making it easier to obtain capital.
  • Financial support for companies that help small manufacturing businesses grow.
  • Simplified rules for new investment companies to encourage their participation in the program.
  • Option for electronic submission of documents, streamlining administrative processes.
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. Tenney, Claudia [R-NY-24].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Public Investments