MEANS Act

The MEANS Act establishes an Office of Manufacturing Security and Resilience within the Department of Commerce to strengthen U.S. supply chains for critical goods. It creates a program providing loans and loan guarantees to domestic manufacturers, enterprises, and other eligible entities to support domestic production of critical goods and reduce reliance on supply chains concentrated in "countries of concern." The program is funded with $35 billion over five years (2024-2028) and prioritizes activities that enhance supply chain resilience, security, and diversity for goods that impact national security or economic security. The bill defines "critical goods" as materials whose absence would significantly affect national security or critical infrastructure, and "countries of concern" as those posing security threats or having committed crimes against humanity.