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119th Congress

H.R. 3174

Made in America Manufacturing Finance Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Roger Williams(R-TX)
Introduced
May 1, 2025
Policy area
Commerce
Committees
House Committee on Small Business; Senate Committee on Finance; Senate Committee on Small Business and Entrepreneurship
Official text
Placed on Calendar Senate · Congress.gov page

Cosponsors (12)

Added later (12)

Summary

Summary by the Congressional Research Service· describes the “Reported to House” version

Made in America Manufacturing Finance Act This bill increases the maximum loan amounts available to small manufacturers under the Small Business Administration's 7(a) and 504 loan programs. In particular, the bill generally doubles the maximum loan amount for small manufacturers under the 7(a) program and the bill increases the maximum loan amount for small manufacturers under the 504 program from $5.5 million to $10 million. Generally, 7(a) loans provide short- and long-term working capital which can be used for expenses such as operational needs. 504 loans provide financing for major fixed assets such as new facilities.

Roll-call votes

No recorded votes on this bill.

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