,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #fige  ,,in ,,the ,,house ,,of  
,,representatives  ,march #h1 #bjbb,mr4 
,rodney ,davis of ,illinois 7for        
himself1 ,mr4 ,o',halleran1 ,mr4        
,johnson of ,ohio1 ,ms4 ,schrier1 and   
,mr4 ,crawford7 introduced the following
 bill2 which was referred to the        
,committee on ,small ,business  ,a      
,,bill  ,to amend the ,small ,business  
,act to establish a rural manufacturing 
forgivable loan program1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,rural ,investment  
in ,america ,act4  #b4 ,rural           
manufacturing loans  7a7 ,in general    
,section #g7;a7 of the ,small ,business 
,act 7#ae ,u4,s4,c4 #fcf7;a77 is        
amended-- 7#a7 in paragraph 7#b7-- 7,a7 
in subparagraph 7,a71 by striking and   
7,f7 and inserting 7,f71 and 7,g72 and  
7,b7 by adding at the end the following 
new subparagraph3  7,g7 ,participation  
in rural manufacturing loans ,in an     
agreement to participate in a loan on a 

deferred basis under paragraph 7#ch71   
the participation by the ,administration
 shall be #ajj percent4  2 and  7#b7 by 
adding at the end the following new     
paragraph3  7#ch7 ,rural manufacturing  
loans  7,a7 ,in general ,the            
,administrator may guarantee a loan made
 under this paragraph to a covered      
applicant for the purpose of paying any 
eligible costs associated with the      
development of a business concern that  
manufactures goods essential to critical
 infrastructure sectors in rural areas4 
7,b7 ,application ,a covered applicant  
shall submit an application for a loan  
under this paragraph which shall include
 a comprehensive business plan that     
includes a goal for the resulting number
 of jobs to be created at the site that 
will be developed or expanded with the  
proceeds of such loan4  7,c7 ,loan      
forgiveness ,a covered applicant shall  
be eligible for forgiveness of any      
indebtedness on a loan made under this  
paragraph as follows3 7i7 ,if the       

covered applicant has met #ge percent or
 more of the job creation goals of the  
comprehensive business plan described in
 subparagraph 7,b7 not later than #e    
years after the date of origination of  
the loan4  7ii7 ,if the ,administrator  
makes a determination that the covered  
applicant only used loan proceeds for   
eligible costs1 the covered applicant   
shall receive loan forgiveness in an    
amount-- 7,i7 less than or equal to an  
amount that is #ej percent of the total 
financing amount specified by the       
covered applicant2 and  7,,ii7 less than
 or equal to maximum amount allowable   
under paragraph 7#c77;,a74  7,d7        
,identification of additional critical  
infrastructure sectors  7i7 ,study ,not 
later than #ahj days after the date of  
enactment of this paragraph1 the        
,administrator shall complete a study to
 identify any additional sectors to be  
included in the definition of the term  
critical infrastructure sector under    
this paragraph4  7ii7 ,provision of     

loans prior to completion of study ,the 
,administrator may guarantee a loan made
 under this paragraph before the        
completion of the study required under  
clause 7i74  7iii7 ,additional critical 
infrastructure sectors ,the             
,administrator may1 at any time1 take   
such actions as are necessary to        
identify additional sectors to be       
included in the definition of the term  
critical infrastructure sector under    
this paragraph4  7,e7 ,definitions ,in  
this paragraph3 7i7 ,covered applicant  
,the term covered applicant means a     
business that-- 7,i7 has a site located 
in rural area industrial park1          
manufactures goods that are essential to
 critical infrastructure sectors at such
 site1 and intends to expand such site  
for purposes of employing a larger      
workforce at such site2 or  7,,ii7 is   
developing a site located in a rural    
area industrial park to manufacture     
goods that are essential to critical    
infrastructure sectors at such site4    

7ii7 ,critical infrastructure sector    
,the term critical infrastructure sector
 means-- 7,i7 each of the #af critical  
infrastructure sectors designated in    
,presidential ,policy ,directive #ba1   
titled ,critical ,infrastructure        
,security and ,resilience and published 
on ,february #ab1 #bjac2  7,,ii7 any    
additional sectors identified pursuant  
to section #ijjb of the ,national       
,defense ,authorization ,act for ,fiscal
 ,year #bjba 7#f ,u4,s4,c4 #feb;a72 and 
7,,iii7 any additional sectors the      
,administrator identifies under         
subparagraph 7,c74  7iii7 ,eligible     
costs ,the term eligible costs means--  
7,i7 payroll1 construction1 permitting1 
and other capital costs associated      
with-- 7aa7 the development of a site   
located in a rural area industrial park 
for a business that manufactures goods  
that are essential to critical          
infrastructure sectors at such site2 and
  7bb7 the expansion of such a site for 
purposes of employing a larger workforce

 at such site2 and  7,,ii7 any other    
costs the ,administrator determines to  
be appropriate4  4  7b7 ,authorization  
of appropriations ,there is authorized  
to be appropriated to the ,administrator
 of the ,small ,business ,administration
 #b1jjj1jjj1jjj1 which shall be         
authorized to remain available until    
expended1 to carry out paragraph 7#ch7  
of section #g7;a7 of the ,small         
,business ,act 7#ae ,u4,s4,c4 #fcf7;a771
 as added by subsection 7a74