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119-s-97119th Congress

Securing Semiconductor Supply Chains Act

Sponsored By: Senator Peters, Gary C. [D-MI]

Passed Senate

Summary

Securing the U.S. semiconductor supply chain by steering foreign direct investment toward domestic chip manufacturing and related production. It would task the Department of Commerce's SelectUSA program to coordinate with state economic development groups and federal agencies while guarding against investment that benefits foreign adversaries.

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  • State economic development organizations would be asked for comments within 180 days on barriers, opportunities, and resource gaps for attracting semiconductor foreign direct investment.
  • The Executive Director of SelectUSA would need to develop recommendations and, within two years, deliver a comprehensive report to the Senate Commerce Committee and the House Energy and Commerce Committee summarizing comments and strategies.
  • The bill focuses federal effort on channeling FDI and private capital into vulnerable segments like fabrication, advanced packaging, and materials and equipment to boost domestic production capacity.

*Does not authorize additional funding; the Executive Director must carry out the work using amounts already available.*

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Federal plan to attract chip investment

This bill would direct the Commerce Department’s SelectUSA program, created by Executive Order 13577, to plan how to increase foreign investment in U.S. chip making and packaging. Within 180 days, SelectUSA would ask state economic development groups for input on barriers, opportunities, and resource gaps. The program would develop recommendations, including how to work with allies and keep foreign adversaries, as defined in law, from benefiting. Within 2 years, SelectUSA would send a report to the Senate Commerce Committee and the House Energy and Commerce Committee, prepared with the federal interagency investment group. The report would describe current activities and assess strategies with other federal agencies and states. No new money would be provided; it would use existing SelectUSA funds.

Sponsors & CoSponsors

Sponsor

Peters, Gary C. [D-MI]

MI • D

Cosponsors

  • Sen. Blackburn, Marsha [R-TN]

    TN • R

    Sponsored 1/15/2025

  • Sen. Scott, Rick [R-FL]

    FL • R

    Sponsored 1/15/2025

Roll Call Votes

No roll call votes available for this bill.

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