Made in America Jobs Act of 2026

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 7342) to amend the Public Works and Economic Development Act of 1965 to provide for certain grant eligibility relating to projects that facilitate the relocation, to the United States, of a source of employment located outside the United States, and for other purposes, as amended.

Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and insert extraneous material into the Record on H.R. 7342, as amended.

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, H.R. 7342, the Made in America Jobs Act of 2026, promotes the reshoring of jobs and industry back to the United States. The Economic Development Administration is the only Federal agency whose sole priority is to support economic development and growth in stressed communities nationwide.

The EDA's various funding opportunities, like the Public Works and Economic Adjustment Assistance program, invest in the development of local infrastructure to attract businesses and jobs into distressed and rural communities.

Prioritizing the return of jobs in manufacturing to distressed communities will not only improve the national economy as a whole, but it will also help rebuild the job markets in the small towns and communities that are the backbone of the American economy.

H.R. 7342 advances the President's economic agenda by strengthening American manufacturing, leveraging existing EDA programs to incentivize companies to bring production and manufacturing jobs back to the United States.

Earlier this year, the Committee on Transportation and Infrastructure heard testimony from the EDA about how legislation just like this one, H.R. 7342, will help improve the lives of Americans across the country.

I thank the gentleman from Colorado (Mr. Hurd) for his leadership on this legislation.

Mr. Speaker, I urge support of this legislation, and I reserve the balance of my time.

House of Representatives,

Committee on Financial Services,

Washington, DC, February 27, 2026.

Hon. Sam Graves,

Chairman, Committee on Transportation and Infrastructure,

Washington, DC.

Dear Chairman Graves: I am writing to you concerning H.R.

7342, the Made in America Jobs Act of 2026. There are certain

provisions in the legislation that fall within the Rule X

jurisdiction of the Committee on Financial Services.

In the interest of permitting your committee to proceed

expeditiously to floor consideration of this important bill,

I am willing to waive this committee's consideration of the

bill. I do so with the understanding that by waiving

consideration of the bill, the Committee on Financial

Services does not waive any future jurisdictional claim over

the subject matters contained in the bill. I also request

that you urge the Speaker to name members of this committee

to any conference committee that may be established to

consider such provisions.

Please place this letter in the committee report on H.R.

7342 and into the Congressional Record during consideration

of this legislation on the House floor. Thank you for the

cooperative spirit in which you have worked regarding this

matter and others between our respective committees.

Sincerely,

French Hill,

Chairman.

Mr. Speaker, it is my honor to yield 5 minutes to the gentleman from Colorado (Mr. Hurd).

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, H.R. 7342 is a vital piece of legislation that will help to grow the American economy, bring jobs back from overseas, and strengthen our local communities. This legislation ensures that we are focusing on supporting the local economies that employ our neighbors and allow for increased job opportunities.

Mr. Speaker, I urge support of H.R. 7342, and I yield back the balance of my time.

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, I too rise in support of H.R. 7342, the Made in America Jobs Act, as amended, legislation introduced by myself and my friend from Colorado Representative Jeff Hurd.

In 2024, Congress reauthorized the U.S. Economic Development Administration for the first time in over 20 years. This reauthorization made significant revisions to EDA, providing the agency with the tools and resources it needs to support local economic growth and success in the worldwide economy.

One change this legislation made was to allow EDA to consider new criteria when awarding grants that promote long-term investment and growth. The Made in America Jobs Act builds on this progress by further expanding grant eligibility to projects that facilitate the relocation of employment sources from outside the country to inside the United States and the growth of the domestic manufacturing and customer service sectors.

By directing EDA to consider projects that aid these efforts when awarding grants for public works, planning, training, and other activities, Congress can continue to support established and emerging industries while creating new economic opportunities for both rural and urban communities alike.

Mr. Speaker, I support this bill as amended and urge my colleagues to do the same. I reserve the balance of my time.

Mr. Speaker, this is a commonsense piece of legislation that incentivizes companies and corporations to bring jobs back to America. We have seen over the better part of the last century the outsourcing of American jobs to offshore.

This gives us an opportunity to make real, tangible improvements in terms of those efforts to recruit those companies back here to the United States and not just to the big cities in the United States. This is an effort that will allow us to be able to put in place the resources and the incentives to bring those jobs to places like Macon County, Pike County, Monroe County, and Bullitt County, places that most of America has never heard of and places that most of America has very similar communities in their backyards.

Mr. Speaker, I support H.R. 7342, the Made in America Jobs Act, as amended, and urge my colleagues to do the same. I yield back the balance of my time.

Mr. Speaker, I rise in support of H.R. 7342, the Made in America Jobs Act of 2026, which I am proud to lead with my colleague from Alabama, Congressman Shomari Figures.

This is a straightforward, practical bill. It ensures that Economic Development Administration funds can be used to support projects that help bring manufacturing jobs back to the United States, especially in communities that need them the most, all without creating new programs or increasing spending.

Now, manufacturing does not move one factory at a time. It moves in ecosystems. It requires roads, utilities, workforce, and sites that are ready for investment. Too often, rural communities have the land, the workforce, and certainly the work ethic, but they lose out because they don't have the infrastructure in place when an opportunity comes along. In western and

southern Colorado, I see that every day.

We have communities that can support things like agricultural processing facilities, equipment repair, and fabrication shops, small- scale energy manufacturing, and value-added production for the crops and resources that we already produce.

When a company looks at a site and sees that the water, sewer, or access roads aren't ready, the project goes somewhere else. That means fewer good-paying jobs, and it means more young people leaving our communities to find opportunity elsewhere.

This legislation helps fix that. It gives communities the tools to get sites ready, to compete for investment, and to keep more of that economic activity right here at home. It strengthens our industrial base, it supports rural economies, and it does it in a targeted and fiscally responsible way.

Mr. Speaker, I thank Chairman Graves and Congressman Figures as well as our staffs for their work on this bill. I urge my colleagues to support it.