H.R.7178: CHIPS for America Act

About This Bill

  • Introduced June 11, 2020
  • Latest Major Action June 11, 2020

Bill Version

Bill Summary

Creating Helpful Incentives to Produce Semiconductors for America Act or the CHIPS for America Act This bill establishes investments and incentives to support U.S. semiconductor manufacturing, research and development, and supply chain security. Specifically, the bill provides an income tax credit for semiconductor equipment or manufacturing facility investment through 2026. The bill also establishes a trust fund to be allocated upon reaching...

(Source: Library of Congress)

Bill Actions

Date Description
June 11, 2020
Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Ways and Means, Armed Services, Financial Services, Energy and Commerce, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
June 11, 2020

Introduced in the House by Michael McCaul (R-Texas)

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