Bill Details
S.97 - 119th Congress
Status
Latest action
2025-05-26 - Held at the desk.
Introduced Date
2025-01-15
Policy Area
Commerce
Committees
View committees (1)
Sponsors
Cosponsors
View cosponsors (2)
7
0
0
AI Summary This summary was generated by AI from the bill text. AI can get information wrong.
This bill directs the Commerce Department’s SelectUSA program to work more closely with state and local economic development groups to bring more foreign investment into U.S. semiconductor manufacturing. The goal is to strengthen the domestic supply chain for chips and related products, reduce risks from shortages, and support both the economy and national security. The bill says the government should look at where investment is needed, what barriers are getting in the way, and how federal and state efforts can work together to attract new factories, packaging plants, and suppliers for key materials and equipment. It also says this work should be done without helping U.S. adversaries, and it does not provide any new funding for the effort.
- Within 180 days, SelectUSA must ask state economic development organizations for input on how to increase foreign investment in semiconductor-related production.
- That review must cover federal actions that could help, barriers to investment, ways to support state efforts, useful opportunities already identified by states, and any resource gaps or other problems they face.
- SelectUSA must also develop recommendations on how to attract more investment on its own or in partnership with states, while making sure countries that are allies or partners are the ones benefiting—not foreign adversaries.
- Within 2 years, SelectUSA must send Congress a report describing the comments it received, what it is already doing, and what further steps it could take to boost investment and help secure the semiconductor supply chain.
Official Summaries
Securing Semiconductor Supply Chains Act
This bill requires the SelectUSA program to solicit comments from state economic development organizations regarding federal efforts to increase foreign direct investment in semiconductor-related manufacturing and production. SelectUSA must then report to Congress on such comments and the strategies that SelectUSA may employ to increase such investment and to secure the U.S. semiconductor supply chain.
SelectUSA is a Department of Commerce program established to coordinate federal efforts to attract and retain business investment in the United States.
Current Full Text
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 97 Engrossed in Senate (ES)]
<DOC>
119th CONGRESS
1st Session
S. 97
_______________________________________________________________________
AN ACT
To require SelectUSA to coordinate with State-level economic
development organizations to increase foreign direct investment in
semiconductor-related manufacturing and production.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Securing Semiconductor Supply Chains
Act''.
SEC. 2. SELECTUSA DEFINED.
In this Act, the term ``SelectUSA'' means the SelectUSA program of
the Department of Commerce established by Executive Order 13577 (76
Fed. Reg. 35715).
SEC. 3. FINDINGS.
Congress makes the following findings:
(1) Semiconductors underpin the United States and global
economies, including manufacturing sectors. Semiconductors are
also essential to the national security of the United States.
(2) A shortage of semiconductors, brought about by the
COVID-19 pandemic and other complex factors impacting the
overall supply chain, has threatened the economic recovery of
the United States and industries that employ millions of United
States citizens.
(3) Addressing current challenges and building resilience
against future risks requires ensuring a secure and stable
supply chain for semiconductors that will support the economic
and national security needs of the United States and its
allies.
(4) The supply chain for semiconductors is complex and
global. While the United States plays a leading role in certain
segments of the semiconductor industry, securing the supply
chain requires onshoring, reshoring, or diversifying vulnerable
segments, such as for--
(A) fabrication;
(B) advanced packaging; and
(C) materials and equipment used to manufacture
semiconductor products.
(5) The Federal Government can leverage foreign direct
investment and private dollars to grow the domestic
manufacturing and production capacity of the United States for
vulnerable segments of the semiconductor supply chain.
(6) The SelectUSA program of the Department of Commerce, in
coordination with other Federal agencies and State-level
economic development organizations, is positioned to boost
foreign direct investment in domestic manufacturing and to help
secure the semiconductor supply chain of the United States.
SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DEVELOPMENT
ORGANIZATIONS.
Not later than 180 days after the date of the enactment of this
Act, the Executive Director of SelectUSA shall solicit comments from
State-level economic development organizations--
(1) to review--
(A) what efforts the Federal Government can take to
support increased foreign direct investment in any
segment of semiconductor-related production;
(B) what barriers to such investment may exist and
how to amplify State efforts to attract such
investment;
(C) public opportunities those organizations have
identified to attract foreign direct investment to help
increase investment described in subparagraph (A); and
(D) resource gaps or other challenges that prevent
those organizations from increasing such investment;
and
(2) to develop recommendations for--
(A) how SelectUSA can increase such investment
independently or through partnership with those
organizations; and
(B) working with countries that are allies or
partners of the United States to ensure that foreign
adversaries (as defined in section 8(c)(2) of the
Secure and Trusted Communications Networks Act of 2019
(47 U.S.C. 1607(c)(2))) do not benefit from United
States efforts to increase such investment.
SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVESTMENT IN
SEMICONDUCTOR-RELATED MANUFACTURING AND PRODUCTION.
Not later than 2 years after the date of the enactment of this Act,
the Executive Director of SelectUSA, in coordination with the Federal
Interagency Investment Working Group established by Executive Order
13577 (76 Fed. Reg. 35,715; relating to establishment of the SelectUSA
Initiative), shall submit to the Committee on Commerce, Science, and
Transportation of the Senate and the Committee on Energy and Commerce
of the House of Representatives a report that includes--
(1) a review of the comments SelectUSA received from State-
level economic development organizations under section 4;
(2) a description of activities SelectUSA is engaged in to
increase foreign direct investment in semiconductor-related
manufacturing and production; and
(3) an assessment of strategies SelectUSA may implement to
achieve an increase in such investment and to help secure the
United States supply chain for semiconductors, including by--
(A) working with other relevant Federal agencies;
and
(B) working with State-level economic development
organizations and implementing any strategies or
recommendations SelectUSA received from those
organizations.
SEC. 6. NO ADDITIONAL FUNDS.
No additional funds are authorized to be appropriated for the
purpose of carrying out this Act. The Executive Director of SelectUSA
shall carry out this Act using amounts otherwise available to the
Executive Director for such purposes.
Passed the Senate May 20, 2025.
Attest:
Secretary.
119th CONGRESS
1st Session
S. 97
_______________________________________________________________________
AN ACT
To require SelectUSA to coordinate with State-level economic
development organizations to increase foreign direct investment in
semiconductor-related manufacturing and production.