HR3174
Hearing scheduled
Made in America Manufacturing Finance Act
- Federal
- House
- Introduced May 1, 2025
- Session 119
Bill Text
Version EHThis Act may be cited as the Made in America Manufacturing Finance Act.
Section 3 of the Small Business Act (15 U.S.C. 632) is amended by adding at the end the following:
The term small manufacturer means a small business concern—
the primary business of which is classified in sector 31, 32, or 33 of the North American Industrial Classification System; and
all of the production facilities of which are located in the United States.
Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended—
in paragraph (3)—
in subparagraph (A)—
by inserting except as provided in subparagraph (B), before if the total;
by striking would exceed $3,750,000 and inserting the following:
would exceed—
$3,750,000
in clause (i), as so designated, by striking , except as provided in subparagraph (B); and inserting ; or; and
by adding at the end the following:
in the case of a borrower that is a small manufacturer, $7,500,000 (or if the gross loan amount would exceed $10,000,000);
in subparagraph (B)—
by striking would exceed $4,500,000 and inserting the following:
would exceed—
$4,500,000
in clause (i), as so designated, by striking section 7(a)(14) for export purposes; and and inserting paragraph (14) for export purposes; or; and
by adding at the end the following:
in the case of a borrower that is a small manufacturer, $9,000,000 (or if the gross loan amount would exceed $10,000,000), of which not more than $8,000,000 may be used for working capital, supplies, or financings under paragraph (14) for export purposes; and
in paragraph (14)(B)(i), by striking than $5,000,000. and inserting the following:
than—
except as provided in subclause (II), $5,000,000; or
in the case of a loan made to a small manufacturer, $10,000,000.
Section 502(2)(A)(iii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)(iii)) is amended by striking $5,500,000 and inserting $10,000,000.
Section 3 of the Small Business Act (15 U.S.C. 632) is amended by adding at the end the following:
The term small manufacturer means a small business concern—
the primary business of which is classified in sector 31, 32, or 33 of the North American Industrial Classification System; and
all of the production facilities of which are located in the United States.
Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended—
in paragraph (3)—
in subparagraph (A)—
by inserting except as provided in subparagraph (B), before if the total;
by striking would exceed $3,750,000 and inserting the following:
would exceed—
$3,750,000
in clause (i), as so designated, by striking , except as provided in subparagraph (B); and inserting ; or; and
by adding at the end the following:
in the case of a borrower that is a small manufacturer, $7,500,000 (or if the gross loan amount would exceed $10,000,000);
in subparagraph (B)—
by striking would exceed $4,500,000 and inserting the following:
would exceed—
$4,500,000
in clause (i), as so designated, by striking section 7(a)(14) for export purposes; and and inserting paragraph (14) for export purposes; or; and
by adding at the end the following:
in the case of a borrower that is a small manufacturer, $9,000,000 (or if the gross loan amount would exceed $10,000,000), of which not more than $8,000,000 may be used for working capital, supplies, or financings under paragraph (14) for export purposes; and
in paragraph (14)(B)(i), by striking than $5,000,000. and inserting the following:
than—
except as provided in subclause (II), $5,000,000; or
in the case of a loan made to a small manufacturer, $10,000,000.
Section 502(2)(A)(iii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)(iii)) is amended by striking $5,500,000 and inserting $10,000,000.
Legislative Timeline
18 actions-
Committee on Small Business and Entrepreneurship. Hearings held.
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Senate vitiated previous action of 12/02/2025 by Unanimous Consent.
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Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 283.
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Received in the Senate and Read twice and referred to the Committee on Finance.
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Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules. (consideration: CR H4912-4913)
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DEBATE - The House proceeded with forty minutes of debate on H.R. 3174.
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Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4912)
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On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4912)
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Motion to reconsider laid on the table Agreed to without objection.
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Reported (Amended) by the Committee on Small Business. H. Rept. 119-224.
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Reported (Amended) by the Committee on Small Business. H. Rept. 119-224.
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Placed on the Union Calendar, Calendar No. 182.
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Committee Consideration and Mark-up Session Held
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Ordered to be Reported (Amended) by Voice Vote.
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Introduced in House
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Introduced in House
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Referred to the House Committee on Small Business.