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MADE Act
8/20/2023, 8:15 PM
Summary of Bill HR 5698
The MADE Act, also known as Bill 117 hr 5698, is a piece of legislation introduced in the US Congress. The purpose of this bill is to promote the manufacturing industry in the United States by providing incentives and support for businesses that produce goods domestically.
The MADE Act includes provisions for tax credits and grants for companies that manufacture products in the US, as well as funding for workforce training programs to help develop a skilled manufacturing workforce. The bill also aims to reduce regulatory burdens on manufacturers and streamline the process for obtaining permits and approvals for manufacturing facilities.
Additionally, the MADE Act includes measures to strengthen intellectual property protections for US manufacturers and to crack down on counterfeit goods that are imported into the country. The bill also includes provisions to promote research and development in the manufacturing sector and to encourage innovation and technological advancements in American manufacturing. Overall, the MADE Act is designed to support and promote the manufacturing industry in the United States, with the goal of creating jobs, boosting economic growth, and ensuring that American companies remain competitive in the global marketplace.
The MADE Act includes provisions for tax credits and grants for companies that manufacture products in the US, as well as funding for workforce training programs to help develop a skilled manufacturing workforce. The bill also aims to reduce regulatory burdens on manufacturers and streamline the process for obtaining permits and approvals for manufacturing facilities.
Additionally, the MADE Act includes measures to strengthen intellectual property protections for US manufacturers and to crack down on counterfeit goods that are imported into the country. The bill also includes provisions to promote research and development in the manufacturing sector and to encourage innovation and technological advancements in American manufacturing. Overall, the MADE Act is designed to support and promote the manufacturing industry in the United States, with the goal of creating jobs, boosting economic growth, and ensuring that American companies remain competitive in the global marketplace.
Congressional Summary of HR 5698
Manufacturing Assistance to Determine Emissions Act or the MADE Act
This bill requires the Environmental Protection Agency to establish a program to enhance the transparency and availability of life-cycle assessment data on products made from certain material, such as aluminum, steel, and concrete. Life-cycle assessments examine the greenhouse gas emissions and other environmental impacts associated with all stages of the product's life cycle.
Read the Full Bill
Current Status of Bill HR 5698
Bill HR 5698 is currently in the status of Bill Introduced since October 22, 2021. Bill HR 5698 was introduced during Congress 117 and was introduced to the House on October 22, 2021. Bill HR 5698's most recent activity was Referred to the Subcommittee on Environment and Climate Change. as of October 25, 2021
Bipartisan Support of Bill HR 5698
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5698
Primary Policy Focus
Environmental ProtectionAlternate Title(s) of Bill HR 5698
To direct the Administrator of the Environmental Agency to establish a program to enhance the transparency, quality, and availability of life-cycle assessment data, and harmonize life-cycle assessment approaches to calculating greenhouse gas emissions and other environmental factors, in the production of products made primarily of eligible materials through environmental product declarations or a similar mechanism as determined appropriate by the Administrator, and for other purposes.
MADE Act
MADE Act
Manufacturing Assistance to Determine Emissions Act
Comments
Sponsors and Cosponsors of HR 5698
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