I 
117TH CONGRESS 
1ST SESSION H. R. 5124 
To establish a new Manufacturing Reinvestment Corporation in the Depart-
ment of Commerce, to develop and monitor a national manufacturing 
strategy, to identify and address supply chain weaknesses and align 
manufacturing with strategic opportunities and imperatives through local 
multi-stakeholder Manufacturing Renaissance Councils, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
AUGUST 27, 2021 
Ms. SCHAKOWSKY (for herself, Mr. DANNY K. DAVIS of Illinois, Ms. NEWMAN, 
Mr. KHANNA, and Mr. RYAN) introduced the following bill; which was re-
ferred to the Committee on Energy and Commerce, and in addition to 
the Committees on Education and Labor, Financial Services, and Agri-
culture, for a period to be subsequently determined by the Speaker, in 
each case for consideration of such provisions as fall within the jurisdic-
tion of the committee concerned 
A BILL 
To establish a new Manufacturing Reinvestment Corporation 
in the Department of Commerce, to develop and monitor 
a national manufacturing strategy, to identify and ad-
dress supply chain weaknesses and align manufacturing 
with strategic opportunities and imperatives through 
local multi-stakeholder Manufacturing Renaissance Coun-
cils, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Manufacturing Reinvestment Corporation Act’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
Sec. 2. Findings; purpose. 
Sec. 3. Establishment of Corporation. 
Sec. 4. Duties and authority of Corporation. 
Sec. 5. Board of Directors. 
Sec. 6. Officers and employees. 
Sec. 7. Reports and audits. 
Sec. 8. Authorization of appropriations. 
Sec. 9. Regulations. 
Sec. 10. Definitions. 
SEC. 2. FINDINGS; PURPOSE. 
The Congress finds the following: 
(1) Crisis in almost every sphere of life is now 
the standard and is exacerbated through inequalities 
in the spheres of race, sexuality, and gender. These 
stem from disparities in society that have grown ex-
ponentially over the last 40 years with the dramatic 
decline in manufacturing being a key contributing 
factor. 
(2) A manufacturing renaissance is at the heart 
of our ability to strategically and proactively address 
our intersecting crises of racism, climate change, 
and economic inequality. 
(3) Only a revitalized manufacturing sector can 
create the products, processes, and transition oppor-
tunities that are necessary to address the climate 
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crisis, including the strategic development of domes-
tic supply chains that strengthen economic resilience 
to future economic and environmental shocks. Ex-
panding our advanced manufacturing sector is cen-
tral for the march to zero emissions and the de-car-
bonization of our society. 
(4) The goal of revitalization is not to return to 
the type of manufacturing sector we had in the past, 
where Black, Indigenous, and workers of color, as 
well as women, were last hired and first fired, and 
where workers and communities were excluded from 
the critical decisions in the productive process. 
(5) People who live, work, and play in Amer-
ica’s most polluted environments are commonly peo-
ple of color and the poor. Environmental justice ad-
vocates have shown that this is no accident. Commu-
nities of color, which are often also low-income, are 
routinely targeted to host facilities that have nega-
tive environmental impacts—say, a landfill, dirty in-
dustrial plant, or truck depot. The statistics provide 
clear evidence of what is commonly called ‘‘environ-
mental racism.’’ Communities of color have been 
battling this injustice for decades. If we are to truly 
to ‘‘Build Back Better’’ we must address this envi-
ronmental imbalance with a coherent, inclusive in-
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dustrial policy, including providing funding for tran-
sitions for workers and for companies. 
(6) Embracing inclusion and empowerment of 
non-traditional manufacturing populations in all as-
pects of manufacturing is not only a competitive ad-
vantage, but a moral imperative. 
SEC. 3. ESTABLISHMENT OF CORPORATION. 
(a) ESTABLISHMENT.—There is established a Manu-
facturing 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 Councils. 
(b) IMPLEMENTATION
AND EXPANSION
OF DEM-
ONSTRATION ACTIVITIES.—The Corporation shall imple-
ment and expand the demonstration activities carried out 
by the Board of Directors through local multi-stakeholder 
Manufacturing Renaissance Councils. 
(c) 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 prescribe. 
(d) NONPROFIT NATURE OF CORPORATION.— 
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