I 

113TH CONGRESS 

2D SESSION H. R. 5514 

To amend the Small Business Act to establish a loan program to assist 

and provide incentives for manufacturers to reinvest in making products 

in the United States, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

SEPTEMBER 17, 2014 

Mr. ISRAEL introduced the following bill; which was referred to the Committee 

on Small Business 

A BILL 

To amend the Small Business Act to establish a loan program to assist and provide incentives for manufacturers 

to reinvest in making products in the United States, 

and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Bring the Jobs Home 

5 Loan Act of 2014’’. 


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1 SEC. 2. SMALL MANUFACTURER DOMESTIC PRODUCTION 

2 LOAN PROGRAM. 

3 The Small Business Act (15 U.S.C. 631 et seq.) is 

4 amended— 

5 (1) by redesignating section 47 as section 48; 

6 and 

7 (2) by inserting after section 46 the following: 

8 ‘‘SEC. 47. SMALL MANUFACTURER DOMESTIC PRODUCTION 

9 LOAN PROGRAM. 

10 ‘‘(a) ESTABLISHMENT.—Not later than 180 days 

11 after the date of enactment of the Bring the Jobs Home 

12 Loan Act of 2014, the Administrator shall establish a loan 

13 program to assist certain small business concerns to begin 

14 producing, in the United States, products that the con15 cerns otherwise import. 

16 ‘‘(b) LOAN AUTHORITY.—In carrying out the pro17 gram established under subsection (a), the Administrator 

18 may make a loan to a small business concern involved in 

19 manufacturing (as determined by the Administrator) to 

20 assist the concern to make facility and equipment changes 

21 necessary for the concern to begin producing, in the 

22 United States, a product that the concern is importing 

23 from a foreign country at the time the loan is made. 

24 ‘‘(c) APPLICATIONS.—To be eligible for a loan under 

25 subsection (b), a small business concern shall submit to 

26 the Administrator an application at such time, in such 


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1 form, and containing such information as the Adminis2 trator may require. 

3 ‘‘(d) REPORTS.— 

4 ‘‘(1) REQUIREMENT.—Not later than 2 years 

5 after a small business concern receives a loan under 

6 this section, the concern shall submit to the Admin7 istrator a report describing— 

8 ‘‘(A) the facility and equipment changes 

9 made with loan funds; and 

10 ‘‘(B) the progress made by the concern in 

11 producing, in the United States, a product that 

12 the concern was importing from a foreign coun13 try at the time the loan was made. 

14 ‘‘(2) USE OF REPORTS.—Notwithstanding any 

15 other provision of law, the Administrator may con16 sider the information submitted by a small business 

17 concern in a report under paragraph (1) in deter18 mining whether to provide to the concern— 

19 ‘‘(A) an additional loan under this section; 

20 or 

21 ‘‘(B) loan assistance under any other pro22 gram of the Administration. 

23 ‘‘(e) LIMITATION.—The Administrator may not make 

24 a loan under this section if the cost of the loan (as deter25 mined by the Administrator) is greater than 5 percent of 


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1 the total amount made available to the Administrator for 

2 the cost of making loans under this section for the fiscal 

3 year in which the loan is made.’’. 

Æ 


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