Summary

Expands the Economic Development Administration's grant authority to support projects that bring jobs and businesses back to the United States and to grow the manufacturing sector. It adds new eligible activities for public works and for training, research, and technical assistance, including support for business cluster development, marketing, relocation assistance for jobs currently abroad, and activities that foster manufacturing growth. Also establishes an official short title for the Act. The bill changes what kinds of projects EDA grants can fund but does not itself appropriate new money.

Key Points

• Adds reshoring (relocating jobs from abroad to the U.S.) as an explicit allowable purpose for EDA public works grants.
• Makes manufacturing sector growth an explicit grant purpose and eligible activity for EDA support.
• Adds business cluster assessment, marketing, and establishment as eligible training/research/technical assistance activities.
• Expands EDA authority to fund activities that facilitate the relocation of employment sources to the United States.
• Includes unspecified insertions into two additional statutory subsections of the Public Works and Economic Development Act.
• Does not appropriate funds; it changes what EDA may fund and therefore relies on future appropriations and grant decisions.
• Likely increases opportunity for state and local governments, economic development organizations, and communities to pursue projects aimed at job reshoring and manufacturing expansion.

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