Made in America Manufacturing Finance Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1555 Reported in Senate (RS)] <DOC> Calendar No. 130 119th CONGRESS 1st Session S. 1555 To increase loan limits for loans made to small manufacturers, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 1, 2025 Ms. Ernst (for herself, Mr. Coons, Mr. Young, and Mr. Hickenlooper) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship July 29, 2025 Reported by Ms. Ernst, with an amendment [Strike out all after the enacting clause and insert the part printed in italic] _______________________________________________________________________ A BILL To increase loan limits for loans made to small manufacturers, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <DELETED>SECTION 1. SHORT TITLE.</DELETED> <DELETED> This Act may be cited as the ``Made in America Manufacturing Finance Act of 2025''.</DELETED> <DELETED>SEC. 2. DEFINITIONS.</DELETED> <DELETED> Section 3 of the Small Business Act (15 U.S.C. 632) is amended by adding at the end the following:</DELETED> <DELETED> ``(gg) Small Manufacturer.--The term `small manufacturer' means a small business concern--</DELETED> <DELETED> ``(1) the primary business of which is classified in sector 31, 32, or 33 of the North American Industrial Classification System; and</DELETED> <DELETED> ``(2) all of the production facilities of which are located in the United States.''.</DELETED> <DELETED>SEC. 3. SMALL BUSINESS ACT LOAN LIMITS FOR SMALL MANUFACTURERS.</DELETED> <DELETED> Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended--</DELETED> <DELETED> (1) in paragraph (3)--</DELETED> <DELETED> (A) in subparagraph (A)--</DELETED> <DELETED> (i) by inserting ``except as provided in subparagraph (B),'' before