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The short explanation of this alert was:
Yes! I support the Investments for Manufacturing Progress and Clean Technology (IMPACT) Act of 2009.
As Congress considers sweeping energy and climate legislation, U.S. Senator Sherrod Brown of Ohio has developed a strategy to improve the long-term competitiveness of American manufacturers and increase domestic capacity for manufacturing clean energy technologies. During the five years following its enactment, the IMPACT Act would:
Establish a $30 billion Manufacturing Revolving Loan Fund
States would receive grants to establish revolving loan funds to assist small and mid-sized firms in retooling, expanding or establishing domestic clean energy manufacturing operations, and in becoming more energy efficient. These loans would provide much-needed liquidity and improve the competitive position of domestic manufacturers.
Expand and Focus MEPs on Clean Energy Manufacturing
The Hollings Manufacturing Extension Partnership (MEP), a division of the Department of Commerce's National Institute of Standards and Technology, would receive $1.5 billion in federal funds over five years to help manufacturers access clean energy markets and adopt innovative, energy-efficient manufacturing technologies. Currently, the 59 MEP centers around the U.S. are able to assist only a small portion of the country's 330,000 small and mid-sized manufacturing plants. The additional federal funding in this bill could enable the MEP to reach at least 10,000 additional U.S. manufacturers per year.
For more information on Brown's IMPACT Act, click here.
*By submitting this form you consent to the use of your name and/or company name in public documents related to the IMPACT Act. If you want to support the bill, but do not want your name public, please print this page and fax to 415-371-1707.
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