,i #aagth ,,congress #ast ,session ,h4 ,r4 #eabd ,,in ,,the ,,house ,,of ,,representatives ,august #bg1 #bjba,ms4 ,schakowsky 7for herself1 ,mr4 ,danny ,k4 ,davis of ,illinois1 ,ms4 ,newman1 ,mr4 ,khanna1 and ,mr4 ,ryan7 introduced the following bill2 which was referred to the ,committee on ,energy and ,commerce1 and in addition to the ,committees on ,education and ,labor1 ,financial ,services1 and ,agriculture1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to establish a new ,manufacturing ,reinvestment ,corporation in the ,department of ,commerce1 to develop and monitor a national manufacturing strategy1 to identify and address supply chain weaknesses and align manufacturing with strategic opportunities and imperatives through local multi-stakeholder ,manufacturing ,renaissance ,councils1 and for other purposes4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,manufacturing ,reinvestment ,corporation ,act4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4,sec4 #b4 ,findings2 purpose4,sec4 #c4 ,establishment of ,corporation4,sec4 #d4 ,duties and authority of ,corporation4,sec4 #e4 ,board of ,directors4,sec4 #f4 ,officers and employees4,sec4 #g4 ,reports and audits4,sec4 #h4 ,authorization of appropriations4,sec4 #i4 ,regulations4,sec4 #aj4 ,definitions4 #b4 ,findings2 purpose ,the ,congress finds the following3 7#a7 ,crisis in almost every sphere of life is now the standard and is exacerbated through inequalities in the spheres of race1 sexuality1 and gender4 ,these stem from disparities in society that have grown exponentially over the last #dj years with the dramatic decline in manufacturing being a key contributing factor4 7#b7 ,a manufacturing renaissance is at the heart of our ability to strategically and proactively address our intersecting crises of racism1 climate change1 and economic inequality4 7#c7 ,only a revitalized manufacturing sector can create the products1 processes1 and transition opportunities that are necessary to address the climate crisis1 including the strategic development of domestic supply chains that strengthen economic resilience to future economic and environmental shocks4 ,expanding our advanced manufacturing sector is central for the march to zero emissions and the de-carbonization of our society4 7#d7 ,the goal of revitalization is not to return to the type of manufacturing sector we had in the past1 where ,black1 ,indigenous1 and workers of color1 as well as women1 were last hired and first fired1 and where workers and communities were excluded from the critical decisions in the productive process4 7#e7 ,people who live1 work1 and play in ,america's most polluted environments are commonly people of color and the poor4 ,environmental justice advocates have shown that this is no accident4 ,communities of color1 which are often also low-income1 are routinely targeted to host facilities that have negative environmental impacts--say1 a landfill1 dirty industrial plant1 or truck depot4 ,the statistics provide clear evidence of what is commonly called environmental racism4 ,communities of color have been battling this injustice for decades4 ,if we are to truly to ,build ,back ,better we must address this environmental imbalance with a coherent1 inclusive industrial policy1 including providing funding for transitions for workers and for companies4 7#f7 ,embracing inclusion and empowerment of non-traditional manufacturing populations in all aspects of manufacturing is not only a competitive advantage1 but a moral imperative4 #c4 ,establishment of ,corporation 7a7 ,establishment ,there is established a ,manufacturing ,reinvestment ,corporation as a body corporate in the ,department of ,commerce a nonprofit organization that shall be responsible for developing and monitoring a national manufacturing strategy by overseeing local multi-stakeholder ,manufacturing ,renaissance ,councils4 7b7 ,implementation and expansion of demonstration activities ,the ,corporation shall implement and expand the demonstration activities carried out by the ,board of ,directors through local multi-stakeholder ,manufacturing ,renaissance ,councils4 7c7 ,principal office ,the ,corporation shall maintain its principal office in the ,district of ,columbia within the ,department of ,commerce or at such other place the ,corporation may from time to time prescribe4 7d7 ,nonprofit nature of ,corporation 7#a7 ,prohibition on stock issuance or dividend payment ,the ,corporation may not issue any shares of stocks or declare or pay any dividends4 7#b7 ,prohibition on income and assets ,the income and assets of the ,corporation may not inure to the benefit of any director1 officer1 or employee1 except as reasonable compensation for services or reimbursement for expenses4 7#c7 ,prohibition on political contributions ,the ,corporation may not contribute to or otherwise support any political party or candidate for elective public office4 7e7 ,operational units ,the operational units of the ,corporation are as follows3 7#a7 ,applied ,research and ,technology4 7#b7 ,public ,outreach and ,communication4 7#c7 ,technical ,assistance and ,strategic ,coordination4 7#d7 ,additional units established by a majority vote at the discretion of the ,board of ,directors as determined to be necessary4 #d4 ,duties and authority of ,corporation 7a7 ,duties ,the ,corporation shall have the following duties3 7#a7 ,not later than ,december #ba1 #bjbb1 and every #d years thereafter1 develop a national manufacturing strategy for the ,united ,states4 7#b7 ,set national strategic objectives for the manufacturing industry with an emphasis on equity and inclusion for the manufacturing industry1 including the following3 7,a7 ,manufacturing representing #bj percent of gross domestic product by #bjce4 7,b7 ,net-zero greenhouse gas emissions sector-wide by #bjcj4 7,c7 ,ensuring the diversity of owners in manufacturing sectors is representative of the relevant local areas by #bjcj4 7,d7 ,balancing geographic diversity1 community stability1 and racial equity for locating and planning new manufacturing capacity4 7,e7 ,support the growth of employee ownership across the manufacturing sector4 7,f7 ,closing identified skills gap in the manufacturing sector to zero4 7#c7 ,review applications for and establish the ,manufacturing ,renaissance ,councils 7,m,r,cs74 7#d7 ,after receipt of the annual report from the ,m,r,cs1 direct the ,m,r,cs to make relevant programmatic changes in order to better achieve the national manufacturing strategy4 7b7 ,manufacturing ,renaissance ,councils 7#a7 ,manufacturing ,renaissance ,councils ,not later than #aj years after the date of the enactment of this ,act1 the ,corporation shall establish #cj ,manufacturing ,renaissance ,councils through a competitive bid process to carry out the national manufacturing strategy4 7#b7 ,,mrc duties ,the duties of ,m,r,cs are as follows3 7,a7 ,design and implement programs to achieve the objectives of the national manufacturing strategy1 including programs to-- 7i7 conduct or update assessments to determine regional manufacturing needs2 7ii7 develop or update goals and strategies to implement an existing comprehensive regional manufacturing plan2 7iii7 facilitate coordinating the activities of local stakeholders2 7iv7 research as needed to determine the use of funds in paragraph 7#f72 and 7v7 evaluate the activities and provide an annual report to the ,board of ,directors4 7,b7 ,send annual reports to the ,corporation on the spending and programs of the ,,mrc in line with the national manufacturing strategy4 7#c7 ,technical assistance grants ,not later than #fj days after the date of the enactment of this ,act1 the ,corporation shall establish a grant program to provide technical assistance to applicants for the ,,mrc designation under paragraph 7#a71 including for assembling and training the consortium of stakeholder organizations to develop the application to the ,corporation4 7#d7 ,governing board requirement 7,a7 ,in general ,each ,,mrc shall have a governing board of at least #i members4 ,the board shall be composed of each representation of the following3 7i7 ,community stakeholder organizations1 including at least one labor union representative1 workforce training organizations1 faith and community-based organizations1 and environmental organizations4 7ii7 ,public and educational organizations1 including minority-serving institutions1 local governments1 other institutions of higher education1 especially community colleges4 7iii7 ,industry1 including manufacturing business associations or manufacturing companies1 a majority of which have #ajj employees or less4 7,b7 ,lead convener of ,,mrc ,the members of the governing board described in subparagraph 7,a7 shall be eligible to serve as the lead convener of the ,,mrc1 with the following responsibilities3 7i7 ,submit the bid to establish the ,,mrc to the ,corporation4 7ii7 ,oversee the administration of the governance of the ,,mrc4 7iii7 ,execute ,,mrc programs1 either directly or indirectly through subcontracting1 abiding by rules and regulations governing convening entities as determined by the ,corporation in the bylaws of the ,corporation4 7#e7 ,application ,an application to be designated as an ,,mrc shall be assessed by the following criteria3 7,a7 ,the manufacturing community1 measured by the location quotient of manufacturing industry above the national average and any history manufacturing capacity and availability of educational and business resources for expansion4 7,b7 ,whether the applicant is located in a community of color 7any geographically distinct area where the population of color of which is higher than the average population of color of the ,state in which the community is located74 7,c7 ,whether the applicant is located in an economically distressed community1 as measured by a geographic area whose job growth has been less than the eighty percent of the national rate of growth over the past forty years4 7,d7 ,additional criteria determined to be relevant by the ,board of ,directors4 7#f7 ,use of funds ,the ,corporation shall make grants to ,m,r,cs to design and implement the following programs3 7,a7 ,anchor ,institutions ,provide a program of capacity building and technical assistance to institutions of higher education and local government to bring together diverse stakeholders who commit sourcing to local companies whenever possible to generate a predictable demand for local companies in order to create community wealth building strategies4 7,b7 ,early ,warning ,systems ,proactive outreach to companies facing closure risks to identify short and long-term technical and financial needs4 ,this outreach would be designed to gather public data and information from employees and service providers to identify problems that can be solved before they constitute a crisis4 ,these activities may include3 7i7 ,providing assistance to employers in managing reductions in force1 which may include early identification of firms at risk of layoffs1 and an assessment of the needs of and options for at-risk firms4 7ii7 ,funding feasibility studies to determine if the operations of a company may be sustained through a buyout or other means to avoid or minimize layoffs4 7iii7 ,partnering or contracting with business-focused organizations to assess risks to companies1 propose strategies to address those risks1 implement services1 and measure impacts of services delivered4 7iv7 ,conducting analyses of the suppliers of an affected company to assess their risks and vulnerabilities from a potential closing or shift in production of their major customer4 7v7 ,engaging in proactive measures to identify opportunities for potential economic transition in growing industry sectors or expanding businesses4 7,c7 ,ownership succession ,develop acquisition and ownership succession strategies for aging firms1 firms that are scheduled to be sold or relocated1 and strategically or geographically important firms with a focus on worker ownership1 ownership by black1 ,indigenous and people of color1 and women ownership4 ,such strategies may include the following3 7i7 ,technical and business assistance to employers facing succession risk and research and market analysis on businesses facing succession risk4 7ii7 ,recruitment of private investment capital and serving as a liaison between firms and potential buyers who commit to maintain production in the ,,mrc jurisdiction4 7iii7 ,training of minority and women business entrepreneurs and employee ownership groups4 7iv7 ,providing financial assistance for employee ownership conversions4 7,d7 ,capital access and economic development ,the ,m,r,cs will facilitate the development of publicly owned financial institutions1 including publicly owned banks1 holding companies1 investment and asset management firms1 revolving loan funds1 and insurance pools that share the objectives of the national manufacturing strategy to support the growth of a robust local manufacturing ecosystem1 including the following3 7i7 ,providing funds for capitalization1 start-up and operational financing1 start-up technical and legal assistance and other services as needed to create1 and others at the discretion of the ,,mrc4 7ii7 ,working with community development financial institutions and other local lenders to provide financial products and services to small and medium manufacturers1 for the purposes of facility development1 purchase of new equipment and technology1 and expansion to new markets4 7iii7 ,providing grants and loans for commercial real estate development for business incubators and industrial parks1 including expenses for environmental remediation4 7,e7 ,education infrastructure to close the skills gap ,education programs in public prekindergarten1 elementary schools1 and secondary schools that focus on creating pathways for people of color and women in manufacturing preparing for careers at all levels with the company1 including production1 engineering1 product development1 management1 financial management1 and ownership4 ,programs that integrate environmental concerns into the curriculum and activities4 ,resources and training for pedagogically1 culturally1 and technologically competent instructors for career education1 pre-apprenticeship1 skills training1 and community college programs in local public prekindergarten1 elementary schools1 and secondary schools4 7,f7 ,training ,services ,workforce pipeline activities1 developed in coordination with each local workforce development board established in section #ajg of the ,workforce ,innovation and ,opportunity ,act 7#bi ,u4,s4,c4 #cabb71 that may include any of the following3 7i7 ,occupational skills training1 including training for nontraditional employment4 7ii7 ,programs that combine workplace training with related instruction4 7iii7 ,skill upgrading and retraining4 7iv7 ,entrepreneurial training4 7v7 ,adult education and literacy activities1 including activities of ,english language acquisition and integrated education and training programs1 provided concurrently or in combination with services described in any of clauses 7i7 through 7iv74 7vi7 ,customized training conducted with a commitment by an employer or group of employers to employ targeted populations4 7vii7 ,paid and unpaid work experiences that have as a component academic and occupational education1 which may include-- 7,i7 summer employment opportunities and other employment opportunities available throughout the school year2 7,,ii7 pre-apprenticeship programs2 7,,iii7 internships and job shadowing2 and 7,,iv7 youth apprenticeships4 7viii7 ,leadership development opportunities1 which may include community service and peer-centered activities encouraging responsibility and other positive social and civic behaviors1 as appropriate-- 7,i7 supportive services2 and 7,,ii7 adult mentoring4 7ix7 ,manufacturing awareness and stem programs targeting elementary schools and middle schools4 7,g7 ,wraparound ,services ,provide grants to local governments and community-based organizations for supportive services including-- 7i7 the provision of direct support services 7such as childcare1 transportation1 mental health1 and substance use disorder treatment71 assistance in obtaining health insurance coverage1 and assistance in accessing the supplemental nutrition assistance program established under the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjaa et seq471 the special supplemental nutrition program for women1 infants1 and children established by section #ag of the ,child ,nutrition ,act of #aiff 7#db ,u4,s4,c4 #aghf71 housing1 and other benefits1 as appropriate2 and 7ii7 offering career pathway navigation and case management services1 including providing information and outreach to target populations to encourage individuals to take part in programs and service offerings4 7,h7 ,diversity1 ,equity1 and ,inclusion ,provide non-traditional manufacturing populations 7such as women1 ,black1 ,indigenous1 and ,latino entrepreneurs7 leadership development1 mentoring1 alongside diversity1 equity1 and inclusion efforts within manufacturing corporations1 including through-- 7i7 leadership development programs for provide non-traditional manufacturing populations 7such as women1 ,black1 ,indigenous1 and ,latino entrepreneurs7 leadership development1 including mentoring and affinity groups2 7ii7 curriculum development for diversity1 equity1 and inclusion trainings2 7iii7 delivery of free or low-cost diversity1 equity1 and inclusion trainings and planning for companies2 and 7iv7 performance of diversity audits for manufacturing firms4 7#g7 ,funding and technical assistance for ,m,r,cs ,the ,corporation shall provide grants and technical assistance to ,m,r,cs in identifying1 monitoring1 evaluating1 and implementing activities that show promise towards the goals of the ,corporation and the national manufacturing strategy1 as determined by the ,board4 7c7 ,general administrative authority ,to carry out the purposes of this ,act and engage in the foregoing activities described in subsection 7b71 the ,corporation is authorized-- 7#a7 to adopt1 alter1 and use a corporate seal2 7#b7 to make and perform contracts1 agreements1 and commitments2 7#c7 to sue and be sued1 complain and defend1 in any ,state1 ,federal1 or other court2 7#d7 to determine the necessary expenditures of the ,corporation and the manner in which those expenditures are incurred1 allowed1 and paid1 and appoint1 employ1 and fix and provide for the compensation of consultants1 without regard to any other law1 except as provided in section #fjh7;d72 7#e7 to settle1 adjust1 and compromise1 and with or without compensation or benefit to the ,corporation to release or waive in whole or in part1 in advance or otherwise1 any claim1 demand1 or right of1 by1 or against the ,corporation2 7#f7 to invest such funds of the ,corporation in such investments as the ,board of ,directors may prescribe by majority vote2 7#g7 to acquire1 take1 hold1 and own1 and to deal with and dispose of any property2 and 7#h7 to exercise all other powers that are necessary and proper to carry out the purposes of this ,act4 #e4 ,board of ,directors 7a7 ,membership ,the ,corporation shall be under the direction of a ,board of ,directors composed of the following directors3 7#a7 ,a ,chief ,manufacturing ,officer1 appointed by the ,president1 by and with the advice and consent of the ,senate4 7#b7 ,the ,secretary of ,commerce1 or an appointee of the ,secretary4 7#c7 ,the ,secretary of ,labor1 or an appointee of the ,secretary4 7#d7 ,the ,secretary of ,education1 or an appointee of the ,secretary4 7#e7 ,the ,secretary of ,energy1 or an appointee of the ,secretary4 7#f7 ,the ,secretary of the ,treasury1 or an appointee of the ,secretary4 7#g7 ,the ,national ,climate ,advisor1 or an appointee of the ,advisor4 7#h7 ,national ,science ,foundation ,director1 or an appointee of the ,director4 7#i7 ,a manufacturing labor representative who within the past five years served in elected leadership of a national or regional labor union or federation1 appointed by the ,president4 7#aj7 ,a representative who is a prekindergarten1 elementary school1 or secondary school educator or who within the past #e years served in elected leadership of a labor union1 association1 or federation for educators1 appointed by the ,president4 7#aa7 ,a employee-owner representative who within the past five years served in elected leadership of an employee-owned manufacturing firm1 appointed by the ,president4 7#ab7 ,a manufacturing business representative who within the past five years served in a voluntary leadership position in a manufacturing business association1 appointed by the ,president4 7#ac7 ,a faith representative who within the past five years served in a voluntary leadership position in a national or regional faith-based community development association1 appointed by the ,president4 7#ad7 ,a racial justice representative who within the past five years served in a voluntary leadership position in a nonprofit organization that develops strategies toward ,black1 ,latino1 ,asian-,american1 or ,indigenous advancement1 appointed by the ,president4 7#ae7 ,an environmental representative who within the past five years served in a voluntary leadership position in a nonprofit organization that develops strategies towards addressing the climate crisis1 appointed by the ,president4 7#af7 ,the ,director of the ,domestic ,policy ,council1 or an appointee4 7b7 ,chair of the ,board ,the ,board shall elect a ,chair of the ,board from the directors who shall serve for a term of #b years1 except that the ,secretary of ,commerce shall serve as ,chair of the ,board for the first #b-year term4 7c7 ,terms of office ,each director of the ,corporation shall serve at the pleasure of the ,president4 7d7 ,compensation and expenses ,the directors of the ,corporation1 as officers of the ,united ,states1 shall serve without additional compensation but shall be reimbursed for travel1 subsistence1 and other necessary expenses incurred in the performance of the duties as directors of the ,corporation4 7e7 ,quorum ,the presence of a majority of the ,board of ,directors or a representative shall constitute a quorum4 #f4 ,officers and employees 7a7 ,appointment of executive director ,the ,board of ,directors shall appoint an executive director who shall serve as chief executive officer of the ,corporation4 7b7 ,appointment and removal of employees by executive director ,the executive director of the ,corporation1 subject to approval by the ,board1 may appoint and remove such employees of the ,corporation as the executive director determines necessary to carry out the purposes of the ,corporation4 7c7 ,prohibition of political tests and qualifications in selection of personnel ,a political test and political qualification may not be used in selecting1 appointing1 promoting1 or taking any other personnel action with respect to any officer1 agent1 or employee of the ,corporation or of any recipient1 or in selecting or monitoring any grantee1 contractor1 or person or entity receiving financial assistance under this ,act4 7d7 ,employee status2 applicability of administrative and cost standards of office of management and budget ,officers and employees of the ,corporation shall not be considered officers or employees of the ,united ,states1 and the ,corporation shall not be considered a department1 agency1 or instrumentality of the ,federal ,government4 ,the ,corporation shall be subject to administrative and cost standards issued by the ,office of ,management and ,budget similar to standards applicable to non-profit grantees4 7e7 ,advisory ,committee ,the ,corporation shall be supported by an advisory committee established by the ,board of ,directors1 consisting of academic and industry experts1 public administrators1 local community stakeholders1 and others at the discretion of the ,board of ,directors4 7f7 ,national advisory council ,each local ,,mrc shall select three representatives of the local ,,mrc1 including a representative of a company with less than #ajj employees1 a representative of the labor movement1 and a representative of a community based organization to serve on a national advisory council that shall advise the ,corporation4 ,any representative shall-- 7#a7 be an active member in ,,mrc work2 7#b7 be a leader active in promoting and building the partnerships with labor1 manufacturers1 government1 and environmental1 and community organizations4 and work of the ,,mrc2 and 7#c7 commit to participate in #b national meetings of the advisory council annually and participate in company1 union1 or community-based organization subcommittees4 #g4 ,reports and audits 7a7 ,annual report to president and congress ,not later than ,march #a of each year1 the executive director of the ,corporation shall publish and submit to the ,president and ,congress an annual report that contains the following3 7#a7 ,the national manufacturing strategy4 7#b7 ,the activities being carried out by the ,corporation and local ,manufacturing ,renaissance ,councils4 7#c7 ,a statement of financial position and the use of appropriated funds by the ,corporation4 7b7 ,annual audit of accounts ,the accounts of the ,corporation shall be audited annually4 ,such audits shall be conducted in accordance with generally accepted auditing standards by independent certified public accountants who are certified by a regulatory authority of the jurisdiction in which the audit is undertaken4 7c7 ,,gao audit ,the ,government ,accountability ,office may audit the financial transactions of the ,corporation for any fiscal year in which ,federal funds are made available to the ,corporation in accordance with such rules and regulations as may be prescribed by the ,comptroller ,general of the ,united ,states4 7d7 ,audit of grantees and contractors of ,corporation ,for any fiscal year in which ,federal funds are made available to finance any portion of grant or contract made by the ,corporation1 the ,government ,accountability ,office1 in accordance with such rules and regulations as may be prescribed by the ,comptroller ,general of the ,united ,states1 may audit the grantees or contractors of the ,corporation4 7e7 ,annual financial audit ,the ,corporation shall conduct or require each grantee or contractor to provide for an annual financial audit4 ,the report of each such audit shall be maintained for a period of at least five years at the principal office of the ,corporation4 #h4 ,authorization of appropriations 7a7 ,authorization 7#a7 ,in general ,there is authorized to be appropriated to the ,corporation to carry out this ,act the following3 7,a7 #e1jjj1jjj1jjj for fiscal year #bjbb4 7,b7 #e1jjj1jjj1jjj for fiscal year #bjbc4 7,c7 #e1jjj1jjj1jjj for fiscal year #bjbd4 7,d7 #e1jjj1jjj1jjj for fiscal year #bjbe4 7#b7 ,administrative expense limit ,not more than #ae percent of any amount authorized to be appropriated under paragraph 7#a7 for any fiscal year may be used for administrative expenses4 7#c7 ,grants and training funds ,of the amounts authorized to be appropriated under this subsection for any fiscal year1 amounts appropriated in excess of the amount necessary to continue existing services of the ,corporation in revitalizing and reinvesting in manufacturing shall be available-- 7,a7 to make grants under section #d7;b77#c72 and 7,b7 to establish a training and leadership development institute within the ,corporation to train and develop leaders in the manufacturing sector4 7b7 ,availability of funds until expended ,any funds authorized to be appropriated under this section shall remain available until expended4 7c7 ,accounting and reporting of non-,federal funds ,non-,federal funds received by the ,corporation1 and funds received by any recipient from a source other than the ,corporation1 shall be accounted for and reported as receipts and disbursements separate and distinct from ,federal funds4 7d7 ,preparation of business-,type budget ,the executive director of the ,corporation shall annually submit to the ,director of the ,office of ,management and ,budget a budget under such rules and regulations as the ,president may establish as to the date of submission1 the form and content1 the classifications of data1 and the manner in which such budget shall be prepared and presented4 ,the budget of the ,corporation as modified1 amended1 or revised by the ,president shall be transmitted to the ,congress as part of the annual budget required by chapter #aa of title #ca1 ,united ,states ,code4 ,amendments to the annual budget of the ,corporation may be submitted annually from the ,corporation to the congressional committees of jurisdiction4 #i4 ,regulations 7a7 ,proposed regulations ,not later than #ahj days after the date of the enactment of this ,act1 the ,secretary of ,commerce1 in collaboration with the ,secretary of ,labor1 the ,secretary of ,education1 the ,secretary of ,defense1 the ,secretary of ,energy1 and the ,secretary of the ,treasury1 as appropriate1 shall develop and publish in the ,federal ,register proposed regulations relating to the implementation of this ,act4 7b7 ,final regulations ,not later than #ab months after the date of the enactment of this ,act1 the ,secretary of ,commerce1 in collaboration with the ,secretary of ,labor1 the ,secretary of ,education1 the ,secretary of ,defense1 the ,secretary of ,energy1 and the ,secretary of the ,treasury1 as appropriate1 shall develop and publish in the ,federal ,register final regulations relating to the transition to and implementation of this ,act4 #aj4 ,definitions ,in this ,act3 7#a7 ,anchor institution ,the term anchor institution means a place-based public or nonprofit organization that contributes to economic development strategies with its commercial practices4 7#b7 ,board2 ,board of ,directors ,the terms ,board and ,board of ,directors means the ,board of ,directors described under section #e4 7#c7 ,convening entity ,the term convening entity means the stakeholder organization that submits the bid on behalf of the local ,manufacturing ,renaissance ,council and serves as the ongoing chief administrative entity for the programs4 7#d7 ,corporation2 ,manufacturing ,reinvestment ,corporation ,the terms ,corporation and ,manufacturing ,reinvestment ,corporation mean the corporate body established in section #c4 7#e7 ,,esea terms ,the terms elementary school and secondary school have the meanings given such terms in section #haja of the ,elementary and ,secondary ,education ,act of #aife 7#bj ,u4,s4,c4 #ghja74 7#f7 ,institution of higher education ,the term institution of higher education has the meaning given such term in section #aja of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja74 7#g7 ,manufacturing ,renaissance ,council2 ,,mrc ,the terms ,manufacturing ,renaissance ,council and ,,mrc mean the local multi-stakeholder body responsible for designing and overseeing programs as part of the national manufacturing strategy described in section #d7;b74 7#h7 ,minority-serving institution ,the term minority-serving institution means an institution listed in section #cga7;a7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajfgq7a774 7#i7 ,national manufacturing strategy ,the term national manufacturing strategy means the manufacturing strategy for the ,united ,states required pursuant to section #d7;a77#a74 7#aj7 ,nonprofit organization ,the term nonprofit organization means an organization that is described in section #eja7;c77#c7 of the ,internal ,revenue ,code of #aifh and exempt from taxation under section #eja7;a7 of such ,code4 ,suggest adding definition4