Lawmakers Refile Securing Semiconductor Supply Chains Act
Sens. Marsha Blackburn, R-Tenn., and Gary Peters, D-Mich., and Reps. Anna Eshoo, D-Calif., and Greg Pence, R-Ind., led refiling Monday of the Securing Semiconductor Supply Chains Act in a bid to expand the federal government’s effort to encourage U.S. chip…
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manufacturing. The measure, which the Senate Commerce Committee first advanced in 2021 (see 2112090058), would direct the Commerce Department’s SelectUSA program to work with state-level economic development organizations to develop strategies to attract investment in U.S. semiconductor manufacturers and supply chains. “Semiconductor shortages made it abundantly clear that we cannot continue to depend on Communist China for critical materials for manufacturing and producing American products,” Blackburn said in a statement. “We need to build on the Chips and Science Act to continue advancing efforts that will lower the cost of goods and strengthen our economic competitiveness, supply chains and national security,” Peters said. Sen. Rick Scott, R-Fla., is a lead co-sponsor. “The Securing Semiconductor Supply Chains Act strengthens semiconductor supply chains by requiring federal and state government programs to develop strategies to attract investment in semiconductor manufacturing,” Eshoo said. The U.S. “learned the hard way that we simply cannot rely on foreign nations to secure semiconductor chips -- and that doing so jeopardizes America’s economic and national security," Pence said.