HB752: Securing Semiconductor Supply Chains Act of 2023
- Introduced (completed)
- 2Passed One Chamber (current step)
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To require SelectUSA to coordinate with State-level economic development organizations to increase foreign direct investment in semiconductor-related manufacturing and production.
Plain-language summary
This bill requires SelectUSA, a federal program that promotes investment in the United States, to work with state economic development agencies to attract foreign companies to build semiconductor factories and production facilities in America. Semiconductors are the computer chips used in phones, cars, and countless other devices. The bill aims to strengthen America's semiconductor supply chain by encouraging international investment at the state level. The bill has passed one of Congress and is now with the other chamber for consideration.
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HB752: Securing Semiconductor Supply Chains Act of 2023