MAKERS Act

The MAKERS Act, also known as Bill 118 hr 2475, is a piece of legislation introduced in the US Congress. The purpose of this bill is to support and promote the growth of manufacturing in the United States. The bill aims to achieve this by providing incentives and resources to manufacturers, such as tax credits, grants, and technical assistance.

One of the key provisions of the MAKERS Act is the establishment of a Manufacturing Competitiveness Board, which will be responsible for developing and implementing strategies to enhance the competitiveness of American manufacturers. The board will also work to identify and address barriers to growth in the manufacturing sector.

Additionally, the bill includes measures to support workforce development in the manufacturing industry, such as funding for training programs and apprenticeships. It also seeks to promote innovation and research in manufacturing through grants and partnerships with universities and research institutions. Overall, the MAKERS Act is aimed at revitalizing the manufacturing sector in the United States and ensuring that American manufacturers remain competitive in the global market. The bill has received bipartisan support in Congress and is currently being considered for passage.