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Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act

Introduced: December 8, 2020 Introduced by: Cornyn, John Republican · Texas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 8, 2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Dec 8, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now December 8, 2020

Read twice and referred to the Committee on Commerce, Science, and Transportation.

 Committees of jurisdiction 1