S 2107
117th Congress
Senate
Taxation
Business investment and capital
Income tax credits
Industrial facilities
Manufacturing
FABS Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 2021
Read twice and referred to the Committee on Finance.
Jun 17, 2021
Introduced in Senate
Plain-English summary
Facilitating American-Built Semiconductors Act or the FABS Act
This bill allows a new tax credit for investment in a semiconductor manufacturing facility and semiconductor manufacturing property.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1