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To establish an expansion awards pilot program as a part of the Hollings Manufacturing Extension Partnership, and for other purposes.
12/31/2022, 5:05 AM
Summary of Bill HR 4610
Bill 117 hr 4610, also known as the Expansion Awards Pilot Program Act, aims to create a pilot program within the Hollings Manufacturing Extension Partnership (MEP) to provide awards for expanding manufacturing businesses. The MEP is a program that helps small and medium-sized manufacturers improve their competitiveness and productivity.
The purpose of this bill is to support the growth and expansion of manufacturing businesses by providing financial assistance through the expansion awards pilot program. The program will award grants to eligible businesses that demonstrate a plan for expansion and job creation.
The bill also includes provisions for reporting requirements and oversight to ensure that the funds are being used effectively and efficiently. Additionally, it outlines the criteria for eligibility and the application process for businesses seeking to participate in the program. Overall, the Expansion Awards Pilot Program Act aims to stimulate growth in the manufacturing sector by providing financial support to businesses looking to expand their operations. It is designed to help create jobs and boost economic development in the manufacturing industry.
The purpose of this bill is to support the growth and expansion of manufacturing businesses by providing financial assistance through the expansion awards pilot program. The program will award grants to eligible businesses that demonstrate a plan for expansion and job creation.
The bill also includes provisions for reporting requirements and oversight to ensure that the funds are being used effectively and efficiently. Additionally, it outlines the criteria for eligibility and the application process for businesses seeking to participate in the program. Overall, the Expansion Awards Pilot Program Act aims to stimulate growth in the manufacturing sector by providing financial support to businesses looking to expand their operations. It is designed to help create jobs and boost economic development in the manufacturing industry.
Congressional Summary of HR 4610
This bill requires the National Institute of Standards and Technology to establish a pilot program of expansion awards as part of the Hollings Manufacturing Extension Partnership (a public-private partnership serving small and medium-sized manufacturers and operating out of centers located in each state).
Expansion awards made under the pilot program to these centers shall be used for purposes that include (1) improving the resiliency of domestic supply chains and mitigating vulnerabilities to cyberattacks, and (2) expanding advanced technology services to small and medium-sized manufacturers.
Read the Full Bill
Current Status of Bill HR 4610
Bill HR 4610 is currently in the status of Bill Introduced since July 21, 2021. Bill HR 4610 was introduced during Congress 117 and was introduced to the House on July 21, 2021. Bill HR 4610's most recent activity was Referred to the Subcommittee on Research and Technology. as of July 21, 2021
Bipartisan Support of Bill HR 4610
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4610
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 4610
To establish an expansion awards pilot program as a part of the Hollings Manufacturing Extension Partnership, and for other purposes.
To establish an expansion awards pilot program as a part of the Hollings Manufacturing Extension Partnership, and for other purposes.
Comments
Sponsors and Cosponsors of HR 4610
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