S 2411 · 119th Congress · Commerce

Scale-Up Manufacturing Investment Company Act of 2025

Introduced 2025-07-23· Sponsored by Sen. Booker, Cory A. [D-NJ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.(2025-07-23)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2411 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2411 To amend the Small Business Investment Act of 1958 to establish the Scale-Up Manufacturing Investment Company (``SUMIC'') Program. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 23, 2025 Mr. Booker introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship _______________________________________________________________________ A BILL To amend the Small Business Investment Act of 1958 to establish the Scale-Up Manufacturing Investment Company (``SUMIC'') Program. 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 ``Scale-Up Manufacturing Investment Company Act of 2025''. SEC. 2. FINDINGS. Congress finds that-- (1) the strength of the United States manufacturing sector is critical to the economy and the global competitiveness of the United States; (2) United States manufacturers suppor…

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