Last progress May 26, 2025 (6 months ago)
Introduced on January 15, 2025 by Gary C. Peters
Received in the House.
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
This act aims to strengthen the U.S. semiconductor supply chain by drawing more factory and production investment into American communities. It tells the SelectUSA program—a Commerce Department effort that helps attract business investment—to work closely with state economic development groups to figure out how to bring more chip-related manufacturing to the United States and where the roadblocks are. SelectUSA must gather input from states within 180 days, develop recommendations, and make sure efforts do not benefit foreign adversaries. It then has to report to Congress within two years on what it learned and the strategies it will use. No new money is provided; the program must use existing funds.
In simple terms, this is about helping more chip factories, packaging plants, and suppliers set up in the U.S. to prevent shortages and protect jobs and national security. SelectUSA coordinates the work and looks for practical steps to make investment easier and faster.