H.R. 5157: Streamlining American Manufacturing Strategy Act

This bill, known as the Streamlining American Manufacturing Strategy Act, aims to amend existing legislation related to the National Institute of Standards and Technology (NIST) to improve the Manufacturing USA Program. The key components of the bill are summarized below:

Frequency of Updates

The bill proposes to change how often the strategic plan for the Manufacturing USA Program is updated. Currently, updates occur at least every three years. The new amendment would require that updates happen every four years instead, aligning this schedule with the updates to the National Strategy for Advanced Manufacturing, as required by the America COMPETES Reauthorization Act of 2010.

Alignment with National Strategy

By synchronizing the strategic plan updates with the National Strategy for Advanced Manufacturing, the bill intends to ensure that the Manufacturing USA Program remains relevant and effectively addresses national manufacturing priorities. This change is thought to enhance the program's efficiency and effectiveness by ensuring it reflects the most current national objectives in manufacturing.

Conforming Amendments

The bill also includes conforming amendments to make sure the references in the relevant sections of the law align with the new update schedule. This includes adjustments to references in other parts of the law that discuss the strategic plan.

No Direct Financial Implications

The bill itself does not allocate new funding or outline specific financial changes; rather, it focuses on the procedural aspects of how the strategic plan is to be updated within the existing framework of the NIST and the Manufacturing USA Program.

Summary of Purpose

The overarching purpose of the bill is to streamline the process of updating the strategic plans, making it more coherent and consistent with national objectives, without adding new financial or operational burdens on the existing programs.

Relevant Companies

None found