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HR 5124 117th Congress House Commerce

Manufacturing Reinvestment Corporation Act

Introduced: August 27, 2021 Introduced by: Schakowsky, Janice D. Democratic · Illinois See on congress.gov
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 14, 2021
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Aug 30, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
Aug 27, 2021
Introduced in House
Aug 27, 2021
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Labor, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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 Plain-English summary Congressional Research Service

Manufacturing Reinvestment Corporation Act

This bill establishes the Manufacturing Reinvestment Corporation within the Department of Commerce.

The corporation must set national strategic objectives for the manufacturing industry with an emphasis on equity and inclusion. Based on specified criteria, the corporation also must establish and make grants to 30 local Manufacturing Renaissance Councils to support the corporation's objectives. Each council must have a governing board comprised of at least nine members, which include community stakeholder organizations, local governments, educational institutions, and manufacturing companies. Each council must use grants from the corporation for economic development programs in the community, education and training, and wraparound services such as child care and mental health services.

Additionally, the bill provides for the composition of the corporation's board of directors as well as the appointment of an executive director and other employees. The corporation must report annually about its national strategy and finances. The bill requires financial audits of the corporation and of each grantee and contractor.

What's happening now September 14, 2021

Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 6
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5124: Manufacturing Reinvestment Corporation Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-5124/
MLA
"H.R. 5124: Manufacturing Reinvestment Corporation Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-5124/.
Bluebook (legal)
H.R. 5124, 117th Cong. (2026), https://openamerica.io/bill/117-HR-5124/.
Markdown link
[H.R. 5124: Manufacturing Reinvestment Corporation Act](https://openamerica.io/bill/117-HR-5124/)
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