The record

LegislationLegislation· May 2026
HR 3174 Passed House — in Senate

Sponsored by Roger Williams (R)

Made in America Manufacturing Finance Act

Doubles loan limits for small US manufacturers under two federal lending programs.

Tradeoff

Lets small manufacturers borrow more from the SBA to expand facilities and operations. Does not specify how the loans are funded or any offset.

What's in it

See official bill text

No measurable federal cost or deficit impact over 10 years (2025–2035).

The bill increases lending authority rather than appropriate new federal money—the small federal cost is just SBA program administration, while the real policy impact is expanded access to credit for small manufacturers.

H.R. 3174, Made in America Manufacturing Finance Act · Sep 2025

Passed the House by on December 1, 2025 — sitting in the Senate.

  1. House

    Introduced

    (May 1, 2025)

  2. House

    Committee on Small Business(May 1, 2025)

  3. House

    The Committee on Small Business voted to send it to the floor

    Reported by (Jul 22, 2025)

    Committee report H. Rept. 119-224.

  4. House

    Passage of the bill

    Passed by (Dec 1, 2025)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Finance(Dec 2, 2025)