Made in America Manufacturing Finance Act, the official text

119 HR 3174 PCS: Made in America Manufacturing Finance Act
U.S. House of Representatives
2025-12-02
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
II Calendar No. 283 119th CONGRESS 1st Session H. R. 3174 IN THE SENATE OF THE UNITED STATES December 2, 2025 Received; read twice and referred to the Committee on Finance
December 4, 2025 Previous action vitiated, read twice and placed on the calendar
AN ACT To increase loan limits for loans made to small manufacturers, and for other purposes. 1. Short title
This Act may be cited as the Made in America Manufacturing Finance Act .
2. Definitions
Section 3 of the Small Business Act ( 15 U.S.C. 632 ) is amended by adding at the end the following:
(gg) Small manufacturer
The term small manufacturer means a small business concern—
(1) the primary business of which is classified in sector 31, 32, or 33 of the North American Industrial Classification System; and
(2) all of the production facilities of which are located in the United States.
.
3. Small Business Act loan limits for small manufacturers
Section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) is amended—
(1) in paragraph (3)—
(A) in subparagraph (A)—
(i) by inserting except as provided in subparagraph (B), before if the total ;
(ii) by striking would exceed $3,750,000 and inserting the following:
would exceed—
(i) $3,750,000
; (iii) in clause (i), as so designated, by striking , except as provided in subparagraph (B); and inserting ; or ; and
(iv) by adding at the end the following:
(ii) in the case of a borrower that is a small manufacturer, $7,500,000 (or if the gross loan amount would exceed $10,000,000);
; and (B) in subparagraph (B)—
(i) by striking would exceed $4,500,000 and inserting the following:
would exceed—
(i) $4,500,000
; (ii) in clause (i), as so designated, by striking section 7(a)(14) for export purposes; and and inserting paragraph (14) for export purposes; or ; and
(iii) by adding at the end the following:
(ii) in the case of a borrower that is a small manufacturer, $9,000,000 (or if the gross loan amount would exceed $10,000,000), of which not more than $8,000,000 may be used for working capital, supplies, or financings under paragraph (14) for export purposes; and
; and
(2) in paragraph (14)(B)(i), by striking than $5,000,000. and inserting the following:
than—
(I) except as provided in subclause (II), $5,000,000; or
(II) in the case of a loan made to a small manufacturer, $10,000,000.
.
4. Small Business Investment Act of 1958 loan limits for small manufacturers
Section 502(2)(A)(iii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 696(2)(A)(iii) ) is amended by striking $5,500,000 and inserting $10,000,000 .
Passed the House of Representatives December 1, 2025. Kevin F. McCumber, Clerk. December 4, 2025 Previous action vitiated, read twice and placed on the calendar