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- S.3933
S.3933: CHIPS for America Act
About This Bill
- Introduced June 10, 2020
- Latest Major Action June 10, 2020
Bill Sponsor
Bill Cosponsors
11 (5 Democrats, 6 Republicans)
Bill Version
- Introduced in Senate - June 10, 2020
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 10, 2020 |
Read twice and referred to the Committee on Finance.
|
| June 10, 2020 |
Introduced in the Senate by John Cornyn (R-Texas) |