H.R.7104: FABS Act

About This Bill

  • Introduced March 16, 2022
  • Latest Major Action March 16, 2022

Bill Version

Bill Summary

Facilitating American-Built Semiconductors Act or the FABS Act This bill allows a new tax credit through 2032 for investment in any semiconductor manufacturing facility and for semiconductor design expenditures.

(Source: Library of Congress)

Bill Actions

Date Description
March 16, 2022
Referred to the House Committee on Ways and Means.
March 16, 2022

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

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