Building Resilient Supply Chains Act

HR 762, the Building Resilient Supply Chains Act, establishes a new Office within the Commerce Department to strengthen U.S. supply chains for critical goods and services. It creates a $41 billion program (over fiscal years 2024-2028) offering grants, loans, and loan guarantees to eligible entities like domestic manufacturers, state/local governments, Tribal governments, and manufacturing extension centers. The funding supports projects that diversify, secure, and expand domestic production of critical items - such as semiconductors, batteries, and medical supplies - to enhance national security and economic resilience. Recipients must use federal funds for no more than 80% of project costs and agree to workforce protections, including maintaining existing union contracts during the funding period.