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S. 4982

Referred to Committee

Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act

Introduced 12/8/2020•116th Congress•Senate

Latest Action

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

12/8/2020 • Senate

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.

Introduced in Senate • 12/8/2020

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Topics & Subjects

Policy Area: Commerce
Advanced technology and technological innovationsAdvisory bodiesAsiaBusiness investment and capitalChinaCompetitiveness, trade promotion, trade deficitsComputer security and identity theftComputers and information technologyCongressional oversightDiplomacy, foreign officials, Americans abroadEmployment and training programsEspionage and treasonExecutive Office of the PresidentExecutive agency funding and structureForeign and international corporationsForeign propertyGovernment studies and investigationsGovernment trust fundsIndustrial facilities

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (4)

Party Breakdown

2
Democrats
2
Republicans
0
Independents

Sponsor

S[
Sen. Cornyn, John [R-TX]

Republican • TX

Sponsored 12/8/2020

Cosponsors (3)

S[
Sen. Warner, Mark R. [D-VA]

D-VA

Joined 12/8/2020

S[
S[
Sen. Cotton, Tom [R-AR]

R-AR

Joined 12/8/2020

Bill Journey

Originated in the Senate

Introduced

December 8, 2020

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

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate12/8/2020

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors3