American Manufacturers over Argentine Bailouts Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5984 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5984 To direct the Secretary of the Treasury to provide financial relief for small and medium sized manufacturers, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 7, 2025 Ms. Stevens introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To direct the Secretary of the Treasury to provide financial relief for small and medium sized manufacturers, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``American Manufacturers over Argentine Bailouts Act''. SEC. 2. PROHIBITION ON USE OF EXCHANGE STABILIZATION FUND FOR ARGENTINA. The Secretary, pursuant to the direction of the President, shall not provide direct or indirect financial support to the country of Argentina under funds designated for such purpose under section 5302 of title 31, United States Code. SEC. 3. SMALL AND MEDIUM SIZED MANUFACTURERS TARIFF RELIEF. (a) In General.--Of funds made available to carry out section 5302 of title 31, United States Code, the Secretary shall establish a financial relief program for eligible manufacturers to offset negative financial impacts related to any tariffs applied by the President on foreign imports between January 20, 2025 to January 20, 2029. (b) Disbursement.-- (1) In general.--The Secretary shall establish an appropriate administrative process for eligible manufacturers to submit an application and to receive financial support described in subsection (a). The Secretary may issue any guidance or regulation necessary to carry out this section. (2) Application.--The application submi