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HR 414 118th Congress House Commerce

Investing in Rural Manufacturing Act

Introduced: December 1, 2023 Introduced by: Finstad, Brad Republican · Minnesota See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 20, 2023
Introduced in House
Jan 20, 2023
Referred to the Committee on Small Business, and in addition to the Committee on Appropriations, 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

Investing in Rural Manufacturing Act

This bill authorizes the Small Business Administration to make loans for certain costs to businesses that manufacture goods essential to critical infrastructure sectors in rural areas. Businesses that meet at least 75% of their job creation goals under such loans may receive partial loan forgiveness.

What's happening now January 20, 2023

Referred to the Committee on Small Business, and in addition to the Committee on Appropriations, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 8
All 8 Democratic 3 Republican 2
Caraveo, Yadira
· Dec 1, 2023
 D
Perez, Marie Gluesenkamp
Washington · Oct 11, 2023
 D
Davis, Donald G.
North Carolina · Sep 5, 2023
Peltola, Mary
· Jan 24, 2023
 R
Amodei, Mark E.
Nevada · Jan 20, 2023
 R
Carter, Earl L. "Buddy"
Georgia · Jan 20, 2023
 D
Craig, Angie
Minnesota · Jan 20, 2023
Johnson, Bill
· Jan 20, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 414: Investing in Rural Manufacturing Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-414/
MLA
"H.R. 414: Investing in Rural Manufacturing Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-414/.
Bluebook (legal)
H.R. 414, 118th Cong. (2026), https://openamerica.io/bill/118-HR-414/.
Markdown link
[H.R. 414: Investing in Rural Manufacturing Act](https://openamerica.io/bill/118-HR-414/)
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