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Manufacturing for Our Future Act of 2021

3/8/2023, 7:58 PM

Summary of Bill HR 2263

The Manufacturing for Our Future Act of 2021, also known as Bill 117 HR 2263, is a piece of legislation introduced in the US Congress with the goal of supporting and revitalizing the manufacturing sector in the United States. The bill aims to promote innovation, job creation, and economic growth within the manufacturing industry.

Key provisions of the bill include:

1. Establishing a Manufacturing Investment Fund to provide financial assistance to manufacturers for research and development, workforce training, and infrastructure improvements. 2. Creating a Manufacturing Advisory Board to advise the government on policies and initiatives to support the manufacturing sector. 3. Implementing tax incentives and credits for manufacturers to encourage investment and expansion. 4. Strengthening partnerships between manufacturers, educational institutions, and government agencies to promote workforce development and skills training. 5. Enhancing trade policies to support American manufacturers and protect against unfair competition from foreign markets. Overall, the Manufacturing for Our Future Act of 2021 aims to boost the competitiveness and sustainability of the manufacturing industry in the United States, with the ultimate goal of creating more jobs, driving economic growth, and fostering innovation.

Congressional Summary of HR 2263

Manufacturing for Our Future Act of 2021

This bill requires the Department of Energy (DOE) to establish a clean energy manufacturing grant program. Under the program, DOE must award grants to manufacturers for (1) projects to reequip, expand, or establish a facility for the manufacture of clean energy systems (e.g., renewable energy technology); (2) projects to retrofit or convert a facility to enable it to manufacture zero- or low-emission energy-intensive industrial products; and (3) engineering design studies for such retrofit or conversion projects.

A zero- or low-emission energy-intensive industrial product means a product the production of which results in significantly less greenhouse gas emissions relative to the production of similar products. The products must also fall in manufacturing categories that are energy-intensive or difficult-to-decarbonize.

Current Status of Bill HR 2263

Bill HR 2263 is currently in the status of Bill Introduced since March 26, 2021. Bill HR 2263 was introduced during Congress 117 and was introduced to the House on March 26, 2021.  Bill HR 2263's most recent activity was Referred to the Subcommittee on Energy. as of March 29, 2021

Bipartisan Support of Bill HR 2263

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2263

Primary Policy Focus

Energy

Potential Impact Areas

- Advanced technology and technological innovations
- Air quality
- Alternative and renewable resources
- Climate change and greenhouse gases
- Coal
- Economic development
- Electric power generation and transmission
- Employee hiring
- Energy efficiency and conservation
- Energy storage, supplies, demand
- Environmental health
- Environmental technology
- Hybrid, electric, and advanced technology vehicles
- Industrial facilities
- Labor standards
- Lighting, heating, cooling
- Manufacturing
- Mining
- Nuclear power
- Oil and gas
- Public contracts and procurement
- Unemployment
- Wages and earnings
- Water quality

Alternate Title(s) of Bill HR 2263

Manufacturing for Our Future Act of 2021
To require the Secretary of Energy to establish a clean energy manufacturing grant program, and for other purposes.
Manufacturing for Our Future Act of 2021

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