# 119-s-4750: Semiconductor Superiority Act

119-s-4750, Semiconductor Superiority Act, is a 119th Congress bill sponsored by Sen. Budd, Ted [R-NC] (R-NC); status introduced; PRIA reads it as touching household money (as of 2026-07-25).

- Canonical: https://policyrisk.com/legislation/119-s-4750
- As of: 2026-07-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4750
- Congress: 119
- Title: Semiconductor Superiority Act
- Status: introduced
- Introduced: 2026-06-11
- Sponsor: Sen. Budd, Ted [R-NC] (R-NC)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-07-25

## Summary

**This bill would expand the advanced manufacturing investment credit (AMIC) to cover semiconductor manufacturing facilities located in outer space.** It would set rules about what counts as part of an outer-space facility, define outer space to include low-Earth orbit, and limit eligibility to property placed in service after enactment.

## Cosponsors (1)

- Sen. Bennet, Michael F. [D-CO] (D-CO), 2026-06-11T00:00:00.000Z

## Provisions PRIA read

- Tax break for U.S. space manufacturers: mixed, high. This bill would let U.S. owners and investors use the advanced manufacturing investment credit for semiconductor facilities in outer space. Outer space would include low-Earth orbit, and property launched from the United States and held by a U.S. person would be eligible. Property used to transport…

## Related bills

- 119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-545: Combating Illicit Xylazine Act
- 119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the…

## Sources
- [119-s-4750 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4750)

## Related
- [119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3923)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026](https://policyrisk.com/legislation/119-s-5025)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-545: Combating Illicit Xylazine Act](https://policyrisk.com/legislation/119-s-545)
- [119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for…](https://policyrisk.com/legislation/119-s-199)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4750 (as of 2026-07-25).