Senate Bill 4982
116th Congress(2019-2020)
Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act
Introduced
Introduced in Senate on Dec 8, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4982
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act
This bill establishes measures to incentivize semiconductor and microelectronics manufacturing. These measures include creating (1) a financial assistance program for investment in semiconductor facilities and equipment, (2) a public-private partnership with the Department of Defense to ensure the development and production of secure microelectronics, and (3) a Multilateral Semiconductors Security Fund to support the development and adoption of secure semiconductors and semiconductor supply chains.
December 8, 2020
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12/08/2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
12/08/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:43:49 PM