Overview
Purpose
"A bill to restore American leadership in semiconductor manufacturing by increasing federal incentives in order to enable advanced research and development, secure the supply chain, and ensure long-term national security and economic competitiveness."
Primary Sponsors
Reps. Michael McCaul (R-TX) and Doris Matsui (D-CA) / Sens. John Cornyn (R-TX) and Mark Warner (D-VA)
Final outcome
Modified version of H.R.7178 and S.3933 included in the National Defense Authorization Act for Fiscal Year 2021
Summary of Selected Provisions
- Authorizes funding for semiconductor R&D, including $3 billion for the National Science Foundation, $2 billion for the Department of Energy, and $2 billion for the Defense Advanced Research Projects Agency’s Electronics Resurgence Initiative
- Creates a multi-agency National Semiconductor Technology Center that would conduct research and prototyping of advanced semiconductors in partnership with the private sector, with a recommended budget of $3 billion over ten years
- Establishes an Advanced Packaging National Manufacturing Institute under the Department of Commerce with a recommended budget of $5 billion over five years and creates a semiconductor program at National Institute of Standards and Technology that would support a new Manufacturing USA institute
- Creates a $10 billion trust fund to match state and local incentives for investments in semiconductor manufacturing facilities
- Provides tax credits for qualified semiconductor equipment or manufacturing facility expenditures through 2027
Actions
Actions on the House bill
Bill introduced
06/11/2020
Actions on the Senate bill
Bill introduced
06/10/2020
Status update
Modified version of H.R.7178 and S.3933 included in the National Defense Authorization Act for Fiscal Year 2021
Relevant FYI Bulletins