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US S3208

US S3208
Supply Chain Resiliency Act


summary

Introduced
11/15/2021
In Committee
11/15/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To establish the Office of Supply Chain Resiliency within the Department of Commerce to provide expansion sup- port to companies and supply chains in the United States that are vulnerable to shortages and price increases, and for other purposes.

AI Summary

This bill establishes the Office of Supply Chain Resiliency within the Department of Commerce to provide expansion support, in the form of loans, loan guarantees, and grants, to eligible manufacturers in the United States that produce critical products and are vulnerable to supply chain disruptions. The bill requires eligible entities receiving this support to maintain production in the U.S. and comply with labor standards, including recognizing unions and engaging in collective bargaining. The bill also authorizes $5 billion in annual funding through 2027, with $4 billion going to a Supply Chain Resiliency Fund to finance the support programs.

Committee Categories

Transportation and Infrastructure

Sponsors (15)

Last Action

Committee on Banking, Housing, and Urban Affairs. Hearings held. (on 06/22/2022)

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