,i #aah? ,,congress #b;d ,session ,h4 ,r4 #ajbfa ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #bf1 #bjbd,ms4 ,s*ak[sky introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce1 & 9 addition to ! ,committees on ,education & ! ,work=ce1 ,f9ancial ,s]vices1 & ,agriculture1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to sp>k a r5aissance 9 ,am]ican manufactur+ ?r\gh ! e/abli%m5t ( a ,am]ican ,manufactur+ ,r5aissance ,act to develop & monitor a national manufactur+ /rategy1 to id5tify & address supply *a9 weaknesses z well z id5tify & address ob/acles to inclusion & align manufactur+ ) /rategic opportunities & imp]atives ?r\gh local multi-/akehold] ,manufactur+ ,r5aissance ,c\ncils1 :i* are analog\s to ! te*nology hubs e/abli%$ 9 ! ,*ips & ,sci5ce ,act1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,manufactur+ ,r5aissance ,act4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4,sec4 #b4 ,f9d+s2 purpose4,sec4 #c4 ,e/abli%m5t ( ,corporation4,sec4 #d4 ,duties & au?ority ( ,corporation4,sec4 #e4 ,bo>d ( ,directors4,sec4 #f4 ,(fic]s & employees4,sec4 #g4 ,reports & audits4,sec4 #h4 ,au?orization ( appropriations4,sec4 #i4 ,regulations4,sec4 #aj4 ,def9itions4 #b4 ,f9d+s2 purpose ,! ,congress f9ds ! foll[+3 7#a7 ,crisis 9 almo/ e sph]e ( life is n[ ! /&>d & is exac]bat$ ?r\gh inequalities t h gr[n expon5tially ov] ! la/ #dj ye>s ) ! dramatic decl9e 9 manufactur+ be+ a key contribut+ factor4 7#b7 ,a manufactur+ r5aissance is at ! he>t ( our ability to /rategically & proactively address our int]sect+ crises ( racism1 climate *ange1 & economic inequality4 7#c7 ,only a revitaliz$ manufactur+ sector c create ! products1 processes1 & transition opportunities t are necess>y to address ! climate crisis1 includ+ ! /rategic developm5t ( dome/ic supply *a9s t /r5g!n economic resili5ce to future economic & environm5tal %ocks4 ,exp&+ our advanc$ manufactur+ sector is c5tral = ! m>* to z]o emissions & ! de-c>bonization ( our society4 7#d7 ,! goal ( revitalization is n to return to ! type ( manufactur+ sector we _h 9 ! pa/1 :]e work]s ( color1 wom51 & socially & economically disadvantag$ individuals 7 la/ hir$ & fir/ fir$1 & :]e work]s & communities 7 exclud$ f ! critical decisions 9 ! productive process4 7#e7 ,p :o live1 "w1 & play 9 ,am]ica's mo/ pollut$ environm5ts are commonly p ( color & ! poor4 ,environm5tal ju/ice advocates h %[n t ?is is no accid5t4 ,communities ( color1 :i* are (t5 also l[-income1 are r\t9ely t>get$ to ho/ facilities t h negative environm5tal impacts--say1 a l&fill1 dirty indu/rial plant1 or truck depot4 ,! /ati/ics provide cle> evid5ce ( :at is commonly call$ environm5tal racism4 ,communities ( color h be5 battl+ ?is inju/ice = decades4 ,if we are to truly to ,build ,back ,bett] we mu/ address ?is environm5tal imbalance ) a coh]5t1 inclusive indu/rial policy1 includ+ provid+ fund+ = transitions = work]s & = companies4 7#f7 ,embrac+ inclusion & emp[]m5t ( non-traditional manufactur+ populations 9 all aspects ( manufactur+ is n only a competitive advantage1 b a moral imp]ative4 #c4 ,e/abli%m5t ( ,corporation 7a7 ,e/abli%m5t ,!re is e/abli%$ a ,am]ican ,manufactur+ ,r5aissance ,act z a body corporate 9 ! ,dep>tm5t ( ,comm]ce a nonpr(it organization t %all be responsible = develop+ & monitor+ a national manufactur+ /rategy by ov]see+ local multi-/akehold] ,manufactur+ ,r5aissance ,c\ncils z well z organizations1 coalitions1 & c\ncils t h ! ess5tial features ( a ,r5aissance ,c\ncil includ+ a mission focus$ on su/a9able developm5t & inclusion1 ! p>ticipation ( all ! major /akehold]s includ+ manufactur]s1 labor1 community-bas$ organizations1 educators1 local gov]nm5t1 environm5tal organizations1 & o!rs4 7b7 ,implem5tation & expansion ( demon/ration activities ,! ,corporation %all implem5t & exp& ! demon/ration activities c>ri$ out by ! ,bo>d ( ,directors ?r\gh local multi-/akehold] ,manufactur+ ,r5aissance ,c\ncils4 7c7 ,pr9cipal (fice ,! ,corporation %all ma9ta9 its pr9cipal (fice 9 ! ,di/rict ( ,columbia )9 ! ,dep>tm5t ( ,comm]ce or at su* o!r place ! ,corporation may f "t to "t prescribe4 7d7 ,nonpr(it nature ( ,corporation 7#a7 ,prohibition on /ock issuance or divid5d paym5t ,! ,corporation may n issue any %>es ( /ocks or decl>e or pay any divid5ds4 7#b7 ,prohibition on income & assets ,! income & assets ( ! ,corporation may n inure to ! b5efit ( any director1 (fic]1 or employee1 except z reasonable comp5sation = s]vices or reimbursem5t = exp5ses4 7#c7 ,prohibition on political contributions ,! ,corporation may n contribute to or o!rwise support any political p>ty or c&idate = elective public (fice4 7e7 ,op]ational units ,! op]ational units ( ! ,corporation are z foll[s3 7#a7 ,appli$ ,rese>* & ,te*nology4 7#b7 ,public ,outrea* & ,communication4 7#c7 ,te*nical ,assi/ance & ,/rategic ,coord9ation4 7#d7 ,additional units e/abli%$ by a majority vote at ! discretion ( ! ,bo>d ( ,directors z det]m9$ to be necess>y4 #d4 ,duties & au?ority ( ,corporation 7a7 ,duties ,! ,corporation %all h ! foll[+ duties3 7#a7 ,n lat] ?an ,decemb] #ba1 #bjbd1 & e #d ye>s !reaft]1 develop a national manufactur+ /rategy = inclusion 9 ! ,unit$ ,/ates4 7#b7 ,set national /rategic objectives = ! manufactur+ indu/ry ) an emphasis on equity & inclusion = ! manufactur+ indu/ry1 includ+ ! foll[+3 7,a7 ,manufactur+ repres5t+ #bj p]c5t ( gross dome/ic product by #bjce4 7,b7 ,net-z]o gre5h\se gas emissions sector-wide by #bjcj4 7,c7 ,ensur+ ! div]sity ( own]s 9 manufactur+ sectors is repres5tative ( ! relevant local areas by #bjcj4 7,d7 ,balanc+ geographic div]sity1 community /ability1 & racial equity = locat+ & plann+ new manufactur+ capacity4 7,e7 ,support ! gr[? ( employee own]%ip across ! manufactur+ sector4 7,f7 ,clos+ id5tifi$ skills gaps 9 ! manufactur+ sector to z]o4 7#c7 ,review applications = & e/abli% ! ,manufactur+ ,r5aissance ,c\ncils 7,m,r,cs74 7#d7 ,aft] receipt ( ! annual report f ! ,m,r,cs1 direct ! ,m,r,cs to make relevant programmatic *anges 9 ord] to bett] a*ieve ! national manufactur+ /rategy4 7b7 ,manufactur+ ,r5aissance ,c\ncils 7#a7 ,manufactur+ ,r5aissance ,c\ncils ,n lat] ?an #e ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,corporation %all e/abli% #cj ,manufactur+ ,r5aissance ,c\ncils or _! equival5t ?r\gh a competitive bid process to c>ry out ! national manufactur+ /rategy4 7#b7 ,,mrc duties ,! duties ( ,m,r,cs are z foll[s3 7,a7 ,design & implem5t programs to a*ieve ! objectives ( ! national manufactur+ /rategy1 includ+ programs to-- 7i7 conduct or update assessm5ts to det]m9e regional manufactur+ ne$s2 7ii7 develop or update goals & /rategies to implem5t an exi/+ compreh5sive regional manufactur+ plan2 7iii7 facilitate coord9at+ ! activities ( local /akehold]s2 7iv7 rese>* z ne$$ to det]m9e ! use ( funds 9 p>agraph 7#f72 & 7v7 evaluate ! activities & provide an annual report to ! ,bo>d ( ,directors4 7,b7 ,s5d annual reports to ! ,corporation on ! sp5d+ & programs ( ! ,,mrc 9 l9e ) ! national manufactur+ /rategy4 7#c7 ,te*nical assi/ance grants ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,corporation %all e/abli% a grant program to provide te*nical assi/ance to applicants = ! ,,mrc designation "u p>agraph 7#a71 includ+ = assembl+ & tra9+ ! consortium ( /akehold] organizations to develop ! application to ! ,corporation4 7#d7 ,gov]n+ bo>d requirem5t 7,a7 ,9 g5]al ,ea* ,,mrc %all h a gov]n+ bo>d ( at lea/ #i memb]s4 ,! bo>d %all be compos$ ( ea* repres5tation ( ! foll[+3 7i7 ,community /akehold] organizations1 includ+ at lea/ "o labor union repres5tative1 work=ce tra9+ organizations1 fai? & community-bas$ organizations1 & environm5tal organizations4 7ii7 ,in/itutions ( high] education1 :i* may include ,hi/orically ,black ,colleges & ,univ]sities1 ,tribal ,colleges or ,univ]sities1 & ,m9ority-,s]v+ ,in/itutions4 7iii7 ,local gov]nm5t4 7iv7 ,indu/ry1 includ+ manufactur+ bus9ess associations or manufactur+ companies1 a majority ( :i* h #ajj employees or less4 7v7 ,economic developm5t organizations or simil> entities focus$ prim>ily on improv+ sci5ce1 te*nology1 innovation1 entrepr5eur%ip1 or access to capital4 7,b7 ,lead conv5] ( ,,mrc ,! memb]s ( ! gov]n+ bo>d describ$ 9 subp>agraph 7,a7 %all be eligible to s]ve z ! lead conv5] ( ! ,,mrc1 ) ! foll[+ responsibilities3 7i7 ,submit ! bid to e/abli% ! ,,mrc to ! ,corporation4 7ii7 ,ov]see ! adm9i/ration ( ! gov]nance ( ! ,,mrc4 7iii7 ,execute ,,mrc programs1 ei!r directly or indirectly ?r\gh subcontract+1 abid+ by rules & regulations gov]n+ conv5+ entities z det]m9$ by ! ,corporation 9 ! bylaws ( ! ,corporation4 7#e7 ,application ,an application to be designat$ z an ,,mrc %all be assess$ by ! foll[+ crit]ia3 7,a7 ,! manufactur+ community1 measur$ by ! location quoti5t ( manufactur+ indu/ry above ! national av]age & any hi/ory manufactur+ capacity & availability ( educational & bus9ess res\rces = expansion4 7,b7 ,:e!r ! applicant is locat$ 9 a community ( color or s]ves socially & economically disadvantag$ individuals 7any geographically di/9ct area :]e ! population ( color ( :i* is high] ?an ! av]age population ( color ( ! ,/ate 9 :i* ! community is locat$74 7,c7 ,:e!r ! applicant is locat$ 9 an economically di/ress$ community1 z measur$ by a geographic area ^: job gr[? has be5 less ?an ! eighty p]c5t ( ! national rate ( gr[? ov] ! pa/ =ty ye>s4 7,d7 ,additional crit]ia det]m9$ to be relevant by ! ,bo>d ( ,directors4 7#f7 ,use ( funds ,! ,corporation %all make grants to ,m,r,cs to design & implem5t ! foll[+ programs3 7,a7 ,an*or in/itutions ,provide a program ( capacity build+ & te*nical assi/ance to in/itutions ( high] education & local gov]nm5t to br+ toge!r div]se /akehold]s :o commit s\rc+ to local companies :5ev] possible to g5]ate a pr$ictable dem& = local companies 9 ord] to create community weal? build+ /rategies4 7,b7 ,e>ly w>n+ sy/ems ,proactive outrea* to companies fac+ closure risks to id5tify %ort & long-t]m te*nical & f9ancial ne$s4 ,?is outrea* w\ld be design$ to ga!r public data & in=mation f employees & s]vice provid]s to id5tify problems t c be solv$ be=e !y con/itute a crisis4 ,^! activities may include3 7i7 ,provid+ assi/ance to employ]s 9 manag+ r$uctions 9 =ce1 :i* may include e>ly id5tification ( firms at risk ( lay(fs1 & an assessm5t ( ! ne$s ( & options = at-risk firms4 7ii7 ,fund+ feasibility /udies to det]m9e if ! op]ations ( a company may be su/a9$ ?r\gh a buy\t or o!r means to avoid or m9imize lay(fs4 7iii7 ,p>tn]+ or contract+ ) bus9ess-focus$ organizations to assess risks to companies1 propose /rategies to address ^? risks1 implem5t s]vices1 & measure impacts ( s]vices deliv]$4 7iv7 ,conduct+ analyses ( ! suppli]s ( an affect$ company to assess _! risks & vuln]abilities f a pot5tial clos+ or %ift 9 production ( _! major cu/om]4 7v7 ,engag+ 9 proactive measures to id5tify opportunities = pot5tial economic transition 9 gr[+ indu/ry sectors or exp&+ bus9esses4 7,c7 ,own]%ip succession ,develop acquisition & own]%ip succession /rategies = firms1 firms t are s*$ul$ to be sold or relocat$1 & /rategically or geographically important firms ) a focus on work] own]%ip1 own]%ip by ,black1 ,indig5\s & p ( color1 & wom5 own]%ip4 ,su* /rategies may include ! foll[+3 7i7 ,te*nical & bus9ess assi/ance to employ]s fac+ succession risk & rese>* & m>ket analysis on bus9esses fac+ succession risk4 7ii7 ,recruitm5t ( private inve/m5t capital & s]v+ z a liaison betwe5 firms & pot5tial buy]s :o commit to ma9ta9 production 9 ! ,,mrc jurisdiction4 7iii7 ,tra9+ ( m9ority & wom5 bus9ess entrepr5eurs & employee own]%ip gr\ps4 7iv7 ,provid+ f9ancial assi/ance = employee own]%ip conv]sions4 7,d7 ,capital access & economic developm5t ,! ,m,r,cs w facilitate ! developm5t ( publicly own$ f9ancial in/itutions1 includ+ publicly own$ banks1 hold+ companies1 inve/m5t & asset managem5t firms1 revolv+ loan funds1 & insurance pools t %>e ! objectives ( ! national manufactur+ /rategy to support ! gr[? ( a robu/ local manufactur+ ecosy/em1 includ+ ! foll[+3 7i7 ,provid+ funds = capitalization1 />t-up & op]ational f9anc+1 />t-up te*nical & legal assi/ance & o!r s]vices z ne$$ to create1 & o!rs at ! discretion ( ! ,,mrc4 7ii7 ,work+ ) community developm5t f9ancial in/itutions & o!r local l5d]s to provide f9ancial products & s]vices to small & m$ium manufactur]s1 = ! purposes ( facility developm5t1 pur*ase ( new equipm5t & te*nology1 & expansion to new m>kets4 7iii7 ,provid+ grants & loans = comm]cial real e/ate developm5t = bus9ess incubators & indu/rial p>ks1 includ+ exp5ses = environm5tal rem$iation4 7,e7 ,education infra/ructure to close ! skills gap ,education programs 9 public prek9d]g>t51 elem5t>y s*ools1 & second>y s*ools t focus on creat+ pa?ways = p ( color1 wom51 & socially & economically disadvantag$ individuals 9 manufactur+ prep>+ = c>e]s at all levels ) ! company1 includ+ production1 eng9e]+1 product developm5t1 managem5t1 f9ancial managem5t1 & own]%ip4 ,programs mu/ integrate environm5tal conc]ns into ! curriculum & activities4 ,appr5tice%ip programs w be develop$ to ensure an adequate pool ( in/ructors = all aspects ( ! education infra/ructure ensur+ t manufactur+ in/ructors are te*nologically1 culturally1 & p$agogically compet5t4 ,res\rces & tra9+ = p$agogically1 culturally1 & te*nologically compet5t in/ructors = c>e] education1 pre-appr5tice%ip1 skills tra9+1 & community college programs 9 local public prek9d]g>t51 elem5t>y s*ools1 & second>y s*ools4 7,f7 ,tra9+ s]vices ,work=ce pipel9e activities1 develop$ 9 coord9ation ) ea* local work=ce developm5t bo>d e/abli%$ 9 section #ajg ( ! ,work=ce ,innovation & ,opportunity ,act 7#bi ,u4,s4,c4 #cabb71 t may include any ( ! foll[+3 7i7 ,occupational skills tra9+1 includ+ tra9+ = nontraditional employm5t4 7ii7 ,programs t comb9e workplace tra9+ ) relat$ in/ruction4 7iii7 ,skill upgrad+ & retra9+4 7iv7 ,entrepr5eurial tra9+4 7v7 ,adult education & lit]acy activities1 includ+ activities ( ,engli% language acquisition & integrat$ education & tra9+ programs1 provid$ concurr5tly or 9 comb9ation ) s]vices describ$ 9 any ( clauses 7i7 ?r\gh 7iv74 7vi7 ,cu/omiz$ tra9+ conduct$ ) a commitm5t by an employ] or gr\p ( employ]s to employ t>get$ populations4 7vii7 ,paid & unpaid "w exp]i5ces t h z a compon5t academic & occupational education1 :i* may include-- 7,i7 summ] employm5t opportunities & o!r employm5t opportunities available ?r\gh\t ! s*ool ye>2 7,,ii7 pre-appr5tice%ip programs2 7,,iii7 int]n%ips & job %ad[+2 & 7,,iv7 y\? appr5tice%ips4 7viii7 ,lead]%ip developm5t opportunities1 :i* may include community s]vice & pe]-c5t]$ activities enc\rag+ responsibility & o!r positive social & civic behaviors1 z appropriate-- 7,i7 supportive s]vices2 & 7,,ii7 adult m5tor+4 7ix7 ,manufactur+ aw>5ess & /em programs t>get+ elem5t>y s*ools & middle s*ools4 7,g7 ,wrap>\nd s]vices ,provide grants to local gov]nm5ts & community-bas$ organizations = supportive s]vices includ+-- 7i7 ! provision ( direct support s]vices 7su* z *ildc>e1 transportation1 m5tal heal?1 & sub/ance use disord] treatm5t71 assi/ance 9 obta9+ heal? insurance cov]age1 & assi/ance 9 access+ ! supplem5tal nutrition assi/ance program e/abli%$ "u ! ,food & ,nutrition ,act ( #bjjh 7#g ,u4,s4,c4 #bjaa et seq471 ! special supplem5tal nutrition program = wom51 infants1 & *ildr5 e/abli%$ by section #ag ( ! ,*ild ,nutrition ,act ( #aiff 7#db ,u4,s4,c4 #aghf71 h\s+1 & o!r b5efits1 z appropriate2 & 7ii7 (f]+ c>e] pa?way navigation & case managem5t s]vices1 includ+ provid+ in=mation & outrea* to t>get populations to enc\rage individuals to take "p 9 programs & s]vice (f]+s4 7,h7 ,equity ,provide non-traditional manufactur+ populations 7su* z wom51 ,black1 ,indig5\s1 & ,lat9o entrepr5eurs7 ) t>get$ support ?r\gh-- 7i7 lead]%ip developm5t programs includ+ m5tor+ & aff9ity gr\ps2 7ii7 curriculum developm5t = div]sity1 equity1 & inclusion tra9+s2 & 7iii7 deliv]y ( free or l[-co/ equity tra9+s & plann+ = companies4 7#g7 ,fund+ & te*nical assi/ance = ,m,r,cs ,! ,corporation %all provide grants & te*nical assi/ance to ,m,r,cs 9 id5tify+1 monitor+1 evaluat+1 & implem5t+ activities t %[ promise t[>ds ! goals ( ! ,corporation & ! national manufactur+ /rategy1 z det]m9$ by ! ,bo>d4 7c7 ,g5]al adm9i/rative au?ority ,to c>ry out ! purposes ( ?is ,act & engage 9 ! =ego+ activities describ$ 9 subsection 7b71 ! ,corporation is au?oriz$-- 7#a7 to adopt1 alt]1 & use a corporate seal2 7#b7 to make & p]=m contracts1 agreem5ts1 & commitm5ts2 7#c7 to sue & be su$1 compla9 & def5d1 9 any ,/ate1 ,f$]al1 or o!r c\rt2 7#d7 to det]m9e ! necess>y exp5ditures ( ! ,corporation & ! mann] 9 :i* ^? exp5ditures are incurr$1 all[$1 & paid1 & appo9t1 employ1 & fix & provide = ! comp5sation ( consultants1 )\t reg>d to any o!r law1 except z provid$ 9 section #e7;d72 7#e7 to settle1 adju/1 & compromise1 & ) or )\t comp5sation or b5efit to ! ,corporation to release or waive 9 :ole or 9 "p1 9 advance or o!rwise1 any claim1 dem&1 or "r (1 by1 or aga9/ ! ,corporation2 7#f7 to inve/ su* funds ( ! ,corporation 9 su* inve/m5ts z ! ,bo>d ( ,directors may prescribe by majority vote2 7#g7 to acquire1 take1 hold1 & own1 & to deal ) & dispose ( any prop]ty2 & 7#h7 to ex]cise all o!r p[]s t are necess>y & prop] to c>ry out ! purposes ( ?is ,act4 #e4 ,bo>d ( ,directors 7a7 ,memb]%ip ,! ,corporation %all be "u ! direction ( a ,bo>d ( ,directors compos$ ( ! foll[+ directors3 7#a7 ,a ,*ief ,manufactur+ ,(fic]1 appo9t$ by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate4 7#b7 ,! ,secret>y ( ,comm]ce1 or an appo9tee ( ! ,secret>y4 7#c7 ,! ,secret>y ( ,labor1 or an appo9tee ( ! ,secret>y4 7#d7 ,! ,secret>y ( ,education1 or an appo9tee ( ! ,secret>y4 7#e7 ,! ,secret>y ( ,en]gy1 or an appo9tee ( ! ,secret>y4 7#f7 ,! ,secret>y ( ! ,treasury1 or an appo9tee ( ! ,secret>y4 7#g7 ,! ,national ,climate ,advisor1 or an appo9tee ( ! ,advisor4 7#h7 ,national ,sci5ce ,f\ndation ,director1 or an appo9tee ( ! ,director4 7#i7 ,a manufactur+ labor repres5tative :o )9 ! pa/ five ye>s s]v$ 9 elect$ lead]%ip ( a national or regional labor union or f$]ation1 appo9t$ by ! ,presid5t4 7#aj7 ,a repres5tative :o is a prek9d]g>t51 elem5t>y s*ool1 or second>y s*ool educator or :o )9 ! pa/ #e ye>s s]v$ 9 elect$ lead]%ip ( a labor union1 association1 or f$]ation = educators1 appo9t$ by ! ,presid5t4 7#aa7 ,a employee-own] repres5tative :o )9 ! pa/ five ye>s s]v$ 9 elect$ lead]%ip ( an employee-own$ manufactur+ firm1 appo9t$ by ! ,presid5t4 7#ab7 ,a manufactur+ bus9ess repres5tative :o )9 ! pa/ five ye>s s]v$ 9 a volunt>y lead]%ip position 9 a manufactur+ bus9ess association1 appo9t$ by ! ,presid5t4 7#ac7 ,a fai? repres5tative :o )9 ! pa/ five ye>s s]v$ 9 a volunt>y lead]%ip position 9 a national or regional fai?-bas$ community developm5t association1 appo9t$ by ! ,presid5t4 7#ad7 ,a racial ju/ice repres5tative :o )9 ! pa/ five ye>s s]v$ 9 a volunt>y lead]%ip position 9 a nonpr(it organization t develops /rategies t[>d ,black1 ,lat9o1 ,asian-,am]ican1 or ,indig5\s advancem5t1 appo9t$ by ! ,presid5t4 7#ae7 ,an environm5tal repres5tative :o )9 ! pa/ five ye>s s]v$ 9 a volunt>y lead]%ip position 9 a nonpr(it organization t develops /rategies t[>ds address+ ! climate crisis1 appo9t$ by ! ,presid5t4 7#af7 ,! ,director ( ! ,dome/ic ,policy ,c\ncil1 or an appo9tee4 7b7 ,*air ( ! ,bo>d ,! ,bo>d %all elect a ,*air ( ! ,bo>d f ! directors :o %all s]ve = a t]m ( #b ye>s1 except t ! ,secret>y ( ,comm]ce %all s]ve z ,*air ( ! ,bo>d = ! fir/ #b-ye> t]m4 7c7 ,t]ms ( (fice ,ea* director ( ! ,corporation %all s]ve at ! pleasure ( ! ,presid5t4 7d7 ,comp5sation & exp5ses ,! directors ( ! ,corporation1 z (fic]s ( ! ,unit$ ,/ates1 %all s]ve )\t additional comp5sation b %all be reimburs$ = travel1 subsi/5ce1 & o!r necess>y exp5ses incurr$ 9 ! p]=mance ( ! duties z directors ( ! ,corporation4 7e7 ,quorum ,! pres5ce ( a majority ( ! ,bo>d ( ,directors or a repres5tative %all con/itute a quorum4 #f4 ,(fic]s & employees 7a7 ,appo9tm5t ( executive director ,! ,bo>d ( ,directors %all appo9t an executive director :o %all s]ve z *ief executive (fic] ( ! ,corporation4 7b7 ,appo9tm5t & removal ( employees by executive director ,! executive director ( ! ,corporation1 subject to approval by ! ,bo>d1 may appo9t & remove su* employees ( ! ,corporation z ! executive director det]m9es necess>y to c>ry out ! purposes ( ! ,corporation4 7c7 ,prohibition ( political te/s & qualifications 9 selection ( p]sonnel ,a political te/ & political qualification may n be us$ 9 select+1 appo9t+1 promot+1 or tak+ any o!r p]sonnel action ) respect to any (fic]1 ag5t1 or employee ( ! ,corporation or ( any recipi5t1 or 9 select+ or monitor+ any grantee1 contractor1 or p]son or entity receiv+ f9ancial assi/ance "u ?is ,act4 7d7 ,employee /atus2 applicability ( adm9i/rative & co/ /&>ds ( (fice ( managem5t & budget ,(fic]s & employees ( ! ,corporation %all n be consid]$ (fic]s or employees ( ! ,unit$ ,/ates1 & ! ,corporation %all n be consid]$ a dep>tm5t1 ag5cy1 or in/rum5tality ( ! ,f$]al ,gov]nm5t4 ,! ,corporation %all be subject to adm9i/rative & co/ /&>ds issu$ by ! ,(fice ( ,managem5t & ,budget simil> to /&>ds applicable to non-pr(it grantees4 7e7 ,advisory committee ,! ,corporation %all be support$ by an advisory committee e/abli%$ by ! ,bo>d ( ,directors1 consi/+ ( academic & indu/ry exp]ts1 public adm9i/rators1 local community /akehold]s1 & o!rs at ! discretion ( ! ,bo>d ( ,directors4 7f7 ,national advisory c\ncil ,ea* local ,,mrc %all select ?ree repres5tatives ( ! local ,,mrc1 includ+ a repres5tative ( a company ) less ?an #ajj employees1 a repres5tative ( ! labor movem5t1 & a repres5tative ( a community bas$ organization to s]ve on a national advisory c\ncil t %all advise ! ,corporation4 ,any repres5tative %all-- 7#a7 be an active memb] 9 ,,mrc "w2 7#b7 be a lead] active 9 promot+ & build+ ! p>tn]%ips ) labor1 manufactur]s1 gov]nm5t1 & environm5tal1 & community organizations4 & "w ( ! ,,mrc2 & 7#c7 commit to p>ticipate 9 #b national meet+s ( ! advisory c\ncil annually & p>ticipate 9 company1 union1 or community-bas$ organization subcommittees4 #g4 ,reports & audits 7a7 ,annual report to ,presid5t & ,congress ,n lat] ?an ,m>* #a ( ea* ye>1 ! executive director ( ! ,corporation %all publi% & submit to ! ,presid5t & ,congress an annual report t conta9s ! foll[+3 7#a7 ,! national manufactur+ /rategy4 7#b7 ,! activities be+ c>ri$ out by ! ,corporation & local ,manufactur+ ,r5aissance ,c\ncils4 7#c7 ,a /atem5t ( f9ancial position & ! use ( appropriat$ funds by ! ,corporation4 7b7 ,annual audit ( acc\nts ,! acc\nts ( ! ,corporation %all be audit$ annually4 ,su* audits %all be conduct$ 9 accordance ) g5]ally accept$ audit+ /&>ds by indep5d5t c]tifi$ public acc\ntants :o are c]tifi$ by a regulatory au?ority ( ! jurisdiction 9 :i* ! audit is und]tak54 7c7 ,,gao audit ,! ,gov]nm5t ,acc\ntability ,(fice may audit ! f9ancial transactions ( ! ,corporation = any fiscal ye> 9 :i* ,f$]al funds are made available to ! ,corporation 9 accordance ) su* rules & regulations z may be prescrib$ by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates4 7d7 ,audit ( grantees & contractors ( ,corporation ,= any fiscal ye> 9 :i* ,f$]al funds are made available to f9ance any portion ( grant or contract made by ! ,corporation1 ! ,gov]nm5t ,acc\ntability ,(fice1 9 accordance ) su* rules & regulations z may be prescrib$ by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates1 may audit ! grantees or contractors ( ! ,corporation4 7e7 ,annual f9ancial audit ,! ,corporation %all conduct or require ea* grantee or contractor to provide = an annual f9ancial audit4 ,! report ( ea* su* audit %all be ma9ta9$ = a p]iod ( at lea/ five ye>s at ! pr9cipal (fice ( ! ,corporation4 #h4 ,au?orization ( appropriations 7a7 ,au?orization 7#a7 ,9 g5]al ,!re is au?oriz$ to be appropriat$ to ! ,corporation to c>ry out ?is ,act ! foll[+3 7,a7 #d1jjj1jjj1jjj = fiscal ye> #bjbf4 7,b7 #d1jjj1jjj1jjj = fiscal ye> #bjbg4 7,c7 #d1jjj1jjj1jjj = fiscal ye> #bjbh4 7#b7 ,adm9i/rative exp5se limit ,n m ?an #ae p]c5t ( any am\nt au?oriz$ to be appropriat$ "u p>agraph 7#a7 = any fiscal ye> may be us$ = adm9i/rative exp5ses4 7#c7 ,grants & tra9+ funds ,( ! am\nts au?oriz$ to be appropriat$ "u ?is subsection = any fiscal ye>1 am\nts appropriat$ 9 excess ( ! am\nt necess>y to cont9ue exi/+ s]vices ( ! ,corporation 9 revitaliz+ & re9ve/+ 9 manufactur+ %all be available-- 7,a7 to make grants "u section #d7;b77#c72 & 7,b7 to e/abli% a tra9+ & lead]%ip developm5t in/itute )9 ! ,corporation to tra9 & develop lead]s 9 ! manufactur+ sector4 7b7 ,availability ( funds until exp5d$ ,any funds au?oriz$ to be appropriat$ "u ?is section %all rema9 available until exp5d$4 7c7 ,acc\nt+ & report+ ( non-,f$]al funds ,non-,f$]al funds receiv$ by ! ,corporation1 & funds receiv$ by any recipi5t f a s\rce o!r ?an ! ,corporation1 %all be acc\nt$ = & report$ z receipts & disbursem5ts sep>ate & di/9ct f ,f$]al funds4 7d7 ,prep>ation ( bus9ess-,type budget ,! executive director ( ! ,corporation %all annually submit to ! ,director ( ! ,(fice ( ,managem5t & ,budget a budget "u su* rules & regulations z ! ,presid5t may e/abli% z to ! date ( submission1 ! =m & cont5t1 ! classifications ( data1 & ! mann] 9 :i* su* budget %all be prep>$ & pres5t$4 ,! budget ( ! ,corporation z modifi$1 am5d$1 or revis$ by ! ,presid5t %all be transmitt$ to ! ,congress z "p ( ! annual budget requir$ by *apt] #aa ( title #ca1 ,unit$ ,/ates ,code4 ,am5dm5ts to ! annual budget ( ! ,corporation may be submitt$ annually f ! ,corporation to ! congressional committees ( jurisdiction4 #i4 ,regulations 7a7 ,propos$ regulations ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,comm]ce1 9 collaboration ) ! ,secret>y ( ,labor1 ! ,secret>y ( ,education1 ! ,secret>y ( ,def5se1 ! ,secret>y ( ,en]gy1 & ! ,secret>y ( ! ,treasury1 z appropriate1 %all develop & publi% 9 ! ,f$]al ,regi/] propos$ regulations relat+ to ! implem5tation ( ?is ,act4 7b7 ,f9al regulations ,n lat] ?an #ab mon?s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,comm]ce1 9 collaboration ) ! ,secret>y ( ,labor1 ! ,secret>y ( ,education1 ! ,secret>y ( ,def5se1 ! ,secret>y ( ,en]gy1 & ! ,secret>y ( ! ,treasury1 z appropriate1 %all develop & publi% 9 ! ,f$]al ,regi/] f9al regulations relat+ to ! transition to & implem5tation ( ?is ,act4 #aj4 ,def9itions ,9 ?is ,act3 7#a7 ,an*or in/itution ,! t]m an*or in/itution means a place-bas$ public or nonpr(it organization t contributes to economic developm5t /rategies ) its comm]cial practices4 7#b7 ,bo>d2 ,bo>d ( ,directors ,! t]ms ,bo>d & ,bo>d ( ,directors means ! ,bo>d ( ,directors describ$ "u section #e4 7#c7 ,conv5+ entity ,! t]m conv5+ entity means ! /akehold] organization t submits ! bid on behalf ( ! local ,manufactur+ ,r5aissance ,c\ncil & s]ves z ! ongo+ *ief adm9i/rative entity = ! programs4 7#d7 ,corporation2 ,manufactur+ ,re9ve/m5t ,corporation ,! t]ms ,corporation & ,manufactur+ ,re9ve/m5t ,corporation mean ! corporate body e/abli%$ 9 section #c4 7#e7 ,,esea t]ms ,! t]ms elem5t>y s*ool & second>y s*ool h ! mean+s giv5 su* t]ms 9 section #haja ( ! ,elem5t>y & ,second>y ,education ,act ( #aife 7#bj ,u4,s4,c4 #ghja74 7#f7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 su* t]m 9 section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja74 7#g7 ,manufactur+ ,r5aissance ,c\ncil2 ,,mrc ,! t]ms ,manufactur+ ,r5aissance ,c\ncil & ,,mrc mean ! local multi-/akehold] body responsible = design+ & ov]see+ programs z "p ( ! national manufactur+ /rategy describ$ 9 section #d7;b74 7#h7 ,m9ority-s]v+ in/itution ,! t]m m9ority-s]v+ in/itution means an in/itution li/$ 9 section #cga7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajfgq7a774 7#i7 ,national manufactur+ /rategy ,! t]m national manufactur+ /rategy means ! manufactur+ /rategy = ! ,unit$ ,/ates requir$ pursuant to section #d7;a77#a74 7#aj7 ,nonpr(it organization ,! t]m nonpr(it organization means an organization t is describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aifh & exempt f taxation "u section #eja7;a7 ( su* ,code4