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- H.R.7104
H.R.7104: FABS Act
About This Bill
- Introduced March 16, 2022
- Latest Major Action March 16, 2022
Bill Sponsor
Bill Cosponsors
22 (9 Democrats, 13 Republicans)
Bill Version
- Introduced in House - March 16, 2022
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) |