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Support for Industrial Site Development and Supply Chains in the US

This act establishes a grant program to prepare undeveloped sites for manufacturing projects, including foreign investments. It aims to create new jobs, especially in rural and economically disadvantaged areas, and strengthen critical domestic supply chains. Citizens can expect economic revitalization in their communities.
Key points
New grant program supports the development of sites for factories and production, potentially creating jobs.
Priority for rural, tribal, and economically distressed regions to improve living conditions.
Investments in infrastructure (roads, water, power, broadband) and workforce training programs for residents.
Encouraging companies to return to the US and attracting new foreign investments, strengthening national economic security.
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Additional Information
Print number: 118_HR_7968
Sponsor: Rep. Sorensen, Eric [D-IL-17]
Process start date: 2024-04-11