MADE in The Americas Act
- Last Action
- 5/19/2021
Actions
- 2021-05-19Referred to the Subcommittee on Consumer Protection and Commerce.
- 2021-05-18Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-05-18Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-05-18Referred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2021-05-18Introduced in House
- 2021-05-18Introduced in House
CRS Summary
As of 2021-05-18 (00)
Manufacturing Abilities Determine Economies in The Americas Act or the MADE in The Americas Act
This bill establishes certain manufacturing incentives to increase trade between the United States and other countries in the Western Hemisphere.
Specifically, the bill requires the President to develop a strategy to reduce reliance on concentrated supply chains for covered articles (including those essential to U.S. critical infrastructure) and protect against any threats from countries of concern relating to supply chains for these articles.
Additionally, the bill establishes within the Executive Office of the President the Manufacturing Security and Resilience Council. The functions of the council include (1) implementing the President's strategy, (2) establishing and maintaining a database of information on manufacturing companies that manufacture a covered article or maintain facilities that may be converted to manufacture covered articles during an emergency, and (3) establishing and carrying out a manufacturing resilience grant program. An eligible manufacturing company may use grant funds to relocate manufacturing facilities and operations out of a country of concern into the United States or another country in the Western Hemisphere.
The bill authorizes the President to provide duty-free treatment to any eligible article from any beneficiary Western Hemisphere country. This treatment shall apply to any article (1) that is the growth, product, or manufacture of a beneficiary Western Hemisphere country; and (2) that is needed to support the critical infrastructure of the United States.
The bill also includes certain tax incentives, including by establishing an American security product tax credit.
Cosponsors (3)
- Jason Crow (D-CO)
- Liz Cheney (R-WY)
- Seth Moulton (D-MA)
Subjects
- Advisory bodies
- Business expenses
- Buy American requirements
- Congressional oversight
- Disaster relief and insurance
- Economic performance and conditions
- Emergency medical services and trauma care
- Executive Office of the President
- Executive agency funding and structure
- Foreign aid and international relief
- Free trade and trade barriers
- Government ethics and transparency, public corruption
- Government information and archives
- Health technology, devices, supplies
- Immigration status and procedures
- Income tax credits
- Income tax deductions
- Industrial facilities
- Infectious and parasitic diseases
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.