H.R. 7342: Made in America Jobs Act of 2026

The Made in America Jobs Act of 2026 aims to amend the Public Works and Economic Development Act of 1965 to enhance grant eligibility for various projects. The key points of the bill include:

1. Grant Eligibility Modifications

The bill proposes changes that would specifically:

• Allow grants to support projects that help move jobs back to the United States from abroad.
• Encourage the growth of the manufacturing sector within the country.

2. Specific Sections Amended

The bill outlines several amendments to existing sections of the Public Works and Economic Development Act:

• In Section 201(c), it adds 'facilitate the relocation, to the United States, of a source of employment located outside the United States' and 'facilitate the growth of the manufacturing sector' to the list of purposes eligible for grants.
• Section 203(a) is amended to include planning for projects that encourage job relocation to the U.S. or support manufacturing growth.
• In Section 207(a)(2), activities related to relocating jobs back to the U.S. and growing manufacturing are included in the training, research, and technical assistance grants.
• Section 209(a) is also amended to specify that economic adjustment projects can include those that help bring jobs back to the U.S. and foster manufacturing growth.

3. Overall Goals

The overarching intention of the bill is to stimulate local economies by making it easier for companies to relocate jobs to the U.S., thereby potentially increasing employment and enhancing the domestic manufacturing landscape.

Relevant Companies

None found.