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S 4758 117th Congress Senate Government Operations and Politics

RAMP Act

Introduced: August 3, 2022 Introduced by: Kennedy, John Republican · Louisiana See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2022
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Aug 3, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Returning American Manufacturing Potential Act or RAMP Act

This bill provides for enhanced domestic content requirements in federal procurement.

Specifically, the bill requires that more than 60% (currently, 55%) of the value of the components of products that the federal government purchases be made in the United States. Such requirement increases to 65% at the start of 2024 and 75% at the start of 2029.

Such requirements shall not apply to manufactured articles that consist wholly or predominantly of iron, steel, or a combination of iron and steel.

Additionally, the bill establishes price preferences for domestic goods that the federal government designates as critical to U.S. supply chains.

What's happening now August 3, 2022

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 Committees of jurisdiction 1