S 1555 · 119th Congress · Commerce

Made in America Manufacturing Finance Act of 2025

Introduced 2025-05-01· Sponsored by Sen. Ernst, Joni [R-IA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Small Business and Entrepreneurship. Hearings held.(2026-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1555 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1555 To increase loan limits for loans made to small manufacturers, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 1, 2025 Ms. Ernst (for herself and Mr. Coons) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship _______________________________________________________________________ A BILL To increase loan limits for loans made to small manufacturers, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Made in America Manufacturing Finance Act of 2025''. SEC. 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…

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

CBO Cost Estimate

Congressional Budget Office

S. 1555, Made in America Manufacturing Finance Act of 2025

Sep 24, 2025

As reported by the Senate Committee on Small Business and Entrepreneurship on July 29, 2025

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (6)

3 Democrats3 Republicans