Returning American Manufacturing Potential Act or RAMP Act
This bill provides for enhanced domestic content requirements in federal procurement.
Specifically, the bill requires that more than 60% (currently, 55%) of the value of the components of products that the federal government purchases be made in the United States. Such requirement increases to 65% at the start of 2024 and 75% at the start of 2029.
Such requirements shall not apply to manufactured articles that consist wholly or predominantly of iron, steel, or a combination of iron and steel.
Additionally, the bill establishes price preferences for domestic goods that the federal government designates as critical to U.S. supply chains.
To provide for enhanced domestic content requirements in Federal 
                  procurement, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Returning American Manufacturing 
Potential Act'' or ``RAMP Act''.

SEC. 2. ENHANCED DOMESTIC CONTENT REQUIREMENT.

    (a) In General.--Except as provided in subsection (b), for purposes 
of chapter 83 of title 41, United States Code, manufactured articles, 
materials, or supplies procured are manufactured substantially all from 
articles, materials, or supplies mined, produced, or manufactured in 
the United States if the cost of such component articles, materials, or 
supplies--
            (1) supplied not later than the date of the enactment of 
        this Act, exceeds 60 percent of cost of the manufactured 
        articles, materials, or supplies procured;
            (2) supplied during the period beginning January 1, 2024, 
        and ending December 31, 2028, exceeds 65 percent of the cost of 
        the manufactured articles, materials, or supplies; and
            (3) supplied on or after January 1, 2029, exceeds 75 
        percent of the cost of the manufactured articles, materials, or 
        supplies.
    (b) Exclusion for Certain Manufactured Articles.--Subsection (a) 
shall not apply to manufactured articles that consist wholly or 
predominantly of iron, steel, or a combination of iron and steel.
    (c) Rulemaking.--
            (1) In general.--Not later than 180 days after the date of 
        the enactment of this Act, the Federal Acquisition Regulatory 
        Council shall amend the Federal Acquisition Regulation to 
        determine the treatment of the lowest price offered for a 
        foreign end product for which 55 percent or more of the 
        component articles, materials, or supplies of such foreign end 
        product are manufactured substantially all from articles, 
        materials, or supplies mined, produced, or manufactured in the 
        United States if--
                    (A) the application of subsection (a) results in an 
                unreasonable cost; or
                    (B) no offers are submitted to supply manufactured 
                articles, materials, or supplies manufactured 
                substantially all from articles, materials, or supplies 
                mined, produced, or manufactured in the United States.
            (2) Authority to extend 75 percent deadline.--The 
        amendments to the Federal Acquisition Regulation made pursuant 
        to paragraph (1) shall provide that the Administrator of the 
        General Services Administration may extend the deadline 
        required under subsection (a)(3) by one additional year if the 
        Administrator determines that is it necessary to the national 
        security of the United States.
            (3) Termination.--Rules issued under this subsection shall 
        cease to have force or effect on January 1, 2030.

SEC. 3. PRICE PREFERENCES FOR CRITICAL SUPPLY CHAIN ITEMS.

    (a) In General.--Not later than one year after the date of the 
enactment of this Act, the Federal Acquisition Regulatory Council shall 
amend the Federal Acquisition Regulation to provide for higher price 
preferences applicable to end products, construction materials, and 
components determined pursuant to subsection (b) to be critical to 
United States supply chains.
    (b) List of Critical Items.--
            (1) In general.--The Director of the Office of Management 
        and Budget shall establish and maintain a list of end products, 
        construction materials, and components that the Director, in 
        consultation with the heads of relevant agencies, determines 
        are critical to United States supply chains.
            (2) Public comment.--The Director of the Office of 
        Management and Budget shall seek public comment on the list 
        maintained under paragraph (1), including by publishing the 
        list in the Federal Register no less often than once every four 
        years. The Director shall also consider any unsolicited 
        recommendations and comments received at any time, provided 
        that such recommendations and comments provide sufficient data 
        and rationale to permit evaluation.

SEC. 4. APPLICABILITY.

    The requirements of this Act shall apply to contracts entered into 
on or after the date of the enactment of this Act.
                                 <all>
RAMP Act
A bill to provide for enhanced domestic content requirements in Federal procurement, and for other purposes.
RAMP Act
Returning American Manufacturing Potential Act
Sen. Kennedy, John