S.63 - Made In America Manufacturing Act of 2013113th Congress (2013-2014)
Summary: S.63 — 113th Congress (2013-2014)
Introduced in Senate (01/22/2013)
Made In America Manufacturing Act of 2013 - Directs the Secretaries of Commerce and Labor to establish a program for the joint award of incentive grants to a state or a regional partnership to support the U.S. manufacturing industry. Designates the program as the Made in America Incentive Grant Program. Limits single grants to $20 million, to be used by the recipient to carry out a manufacturing enhancement strategy. Requires, under such strategy: (1) establishing a revolving loan fund for loans to manufacturers for various business purposes, (2) retraining current and training new manufacturer employees, and (3) creating or expanding manufacturer export activity and domestic supply chain opportunities. Outlines recipient application requirements, including the submission of a proposed strategy and the establishment of a Made In America Partnership Board.
Gives grant priority to entities that identify and commit matching funds of at least 50% of the grant amount. Prohibits more than half of the grant amounts from being used for employee retraining and training. Requires annual reports from recipients to the Secretaries on the use of grant funds.
Directs the Secretaries to jointly establish an advisory committee for advice on implementing and evaluating the Program. Authorizes the Secretaries to review and evaluate recipient performance and, as appropriate, determine a recipient to be ineligible for additional grants due to noncompliance with the Program or strategy.