HR 6975 · 117th Congress · Commerce

Rural Investment in America Act

Introduced 2022-03-08· Sponsored by Rep. Davis, Rodney [R-IL-13]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2022-03-08)

Plain Language Summary

[AI summary unavailable — showing source text] Rural Investment in America Act This bill authorizes the Small Business Administration to make loans for certain costs to businesses that manufacture goods essential to critical infrastructure sectors in rural areas. Businesses that meet at least 75% of their job creation goals under such loans may receive partial loan forgiveness.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

2 Democrats3 Republicans
Rep. O'Halleran, Tom [D-AZ-1]AZ
Rep. Johnson, Bill [R-OH-6]OH
Rep. Schrier, Kim [D-WA-8]WA
Rep. Crawford, Eric A. "Rick" [R-AR-1]AR
Rep. McKinley, David B. [R-WV-1]WV