What does Preamble of Securing Semiconductor Supply Chains Act do?

This bill requires SelectUSA to coordinate with State-level economic development organizations. The purpose of this coordination is to increase foreign direct investment. The focus of the increased investment is in semiconductor-related manufacturing and production.

What does SHORT TITLE. of Securing Semiconductor Supply Chains Act do?

This bill is formally titled the Securing Semiconductor Supply Chains Act.

What does SELECTUSA DEFINED. of Securing Semiconductor Supply Chains Act do?

This section defines the term 'SelectUSA' within the context of this Act. The definition of 'SelectUSA' refers to the SelectUSA program of the Department of Commerce.

What does FINDINGS. of Securing Semiconductor Supply Chains Act do?

This section outlines findings related to semiconductors and their importance to the U.S. and global economies and national security. A shortage of semiconductors, exacerbated by the COVID-19 pandemic, has threatened U.S. economic recovery. Securing a stable semiconductor supply chain is deemed necessary to support U.S. and allied economic and national security needs. The semiconductor supply chain is complex and global, requiring efforts to onshore, reshore, or diversify vulnerable segments including fabrication, advanced packaging, and materials/equipment. The Federal Government is expected to leverage foreign direct investment and private dollars to expand domestic semiconductor manufacturing. The SelectUSA program, in coordination with other agencies and state organizations, is identified as a tool to boost foreign direct investment and secure the semiconductor supply chain.

What does COORDINATION WITH STATE-LEVEL ECONOMIC DEVELOPMENT of Securing Semiconductor Supply Chains Act do?

This section requires the Executive Director of SelectUSA to solicit comments from State-level economic development organizations within 180 days of the Act's enactment. The purpose of soliciting comments is to review Federal Government efforts to support foreign direct investment in semiconductor-related production. The review also includes identifying barriers to investment, amplifying State efforts, and addressing resource gaps. SelectUSA is tasked with developing recommendations to increase semiconductor investment, both independently and through partnerships. Recommendations must also address preventing foreign adversaries from benefiting from U.S. investment efforts, referencing section 8(c)(2) of the Secure and Trusted Communications Networks Act of 2019.

What does REPORT ON INCREASING FOREIGN DIRECT INVESTMENT IN of Securing Semiconductor Supply Chains Act do?

This section requires the Executive Director of SelectUSA to submit a report to the Senate and House Committees. The report must include a review of comments received from State-level economic development organizations (as per section 4). It also requires a description of SelectUSA’s activities to increase foreign direct investment in semiconductor-related manufacturing and production. Finally, the report must assess strategies SelectUSA could use to increase such investment and secure the U.S. semiconductor supply chain. SelectUSA is directed to coordinate with other Federal agencies and State-level economic development organizations in implementing these strategies.

What does NO ADDITIONAL FUNDS. of Securing Semiconductor Supply Chains Act do?

This section prohibits the authorization of additional funds for carrying out the Act. The Executive Director of SelectUSA is directed to utilize existing funds for the Act's implementation. The Act aims to coordinate SelectUSA with State-level economic development organizations to increase foreign direct investment in semiconductor-related manufacturing and production.

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Securing Semiconductor Supply Chains Act

Last updated: 5/26/2025 · Introduced: 1/15/2025

Author: Gary Peters (D-MI)

TL;DR (AI)

This bill directs SelectUSA to coordinate with state economic development organizations to attract foreign direct investment in semiconductor manufacturing and production.
SelectUSA is required to review federal efforts, identify investment barriers, and develop recommendations to increase semiconductor investment while preventing exploitation by foreign adversaries.
The bill mandates a report to Congress detailing SelectUSA’s activities and strategies for boosting foreign investment in the semiconductor supply chain, utilizing existing funds without authorizing new appropriations.

119th Congresspassed senateHR. 185(In Committee)Official page

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Includes provisions on preamble, short title., and 5 more.

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