Proposed
Bill · 119th Congress · S 4781
Make More in America Act of 2026
Refreshed 3 h ago
Introduced 2026-06-15Topic: economy jobs · labor · governance ethicsSummary
AI-generated summary, report an errorThis bill would expand the Export-Import Bank's mission to include financing the development, commercialization, and production of critical technologies in the United States, not only exports. It would create a Make More in America Program to support export-related manufacturing projects in industries such as critical minerals, shipbuilding, robotics, aerospace, and advanced energy, with job, wage, and union-related conditions for applicants and clawbacks for delays or prevailing wage violations. It would set the Bank's lending authority at $205 billion per year for fiscal years 2027 through 2033, set separate default-rate limits for different loan portfolios, and create an Investment Committee to write a 10-year investment roadmap. It would also bar companies in which the President, Vice President, Members of Congress, certain appointees, or their relatives hold a significant stake from receiving Bank support.
Sponsors
- Charles E. Schumer Democrat sponsor
- 12 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-06-15 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2786-2791; Sponsor introductory remarks on measure: CR S2786) | refer |
| 2026-06-15 | Introduced in Senate | introduce |