HR 3174
Made in America Manufacturing Finance Act
Summary
Made in America Manufacturing Finance Act This bill increases the maximum loan amounts available to small manufacturers under the Small Business Administration's 7(a) and 504 loan programs. In particular, the bill generally doubles the maximum loan amount for small manufacturers under the 7(a) program and the bill increases the maximum loan amount for small manufacturers under the 504 program from $5.5 million to $10 million. Generally, 7(a) loans provide short- and long-term working capital which can be used for expenses such as operational needs. 504 loans provide financing for major fixed assets such as new facilities.
Bill status
- Status
- Passed House
- Sponsor
- Rep. Roger Williams [R-TX-25]
- Cosponsors
- 12
- Policy area
- Commerce
- Introduced
- 2025-05-01
- Latest action
- 2026-05-13: Committee on Small Business and Entrepreneurship. Hearings held.
Committee referrals
- Small Business and Entrepreneurship Committee: Senate · Hearings By (full committee) · 2026-05-13
- Finance Committee: Senate · Referred To · 2025-12-02
- Small Business Committee: House · Reported By · 2025-08-15
- Small Business Committee: House · Markup By · 2025-07-22
- Small Business Committee: House · Referred To · 2025-05-01
Recent actions
- 2026-05-13: Committee on Small Business and Entrepreneurship. Hearings held.
- 2025-12-04: Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 283.
- 2025-12-04: Senate vitiated previous action of 12/02/2025 by Unanimous Consent.
- 2025-12-02: Received in the Senate and Read twice and referred to the Committee on Finance.
- 2025-12-01: Motion to reconsider laid on the table Agreed to without objection.