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US Semiconductor Manufacturing Support: New Rules and Incentives.

This act expands the support program for semiconductor manufacturing companies in the United States. It now includes producers of materials and equipment used in semiconductor manufacturing, aiming to strengthen the domestic supply chain. Citizens can expect greater stability in access to electronic products and potential new job opportunities in the tech sector.
Key points
Extends financial support to companies producing materials and equipment for semiconductor manufacturing, not just the chips themselves.
Strengthens domestic production of key electronic components, potentially reducing reliance on foreign suppliers.
Potential creation of new jobs in the technology sector and increased economic security for the nation.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_S_3331
Sponsor: Sen. Peters, Gary C. [D-MI]
Process start date: 2021-12-07
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Investing in Domestic Semiconductor Manufacturing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3331.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-12-07.

What are the main provisions?

Key points include:

  • Extends financial support to companies producing materials and equipment for semiconductor manufacturing, not just the chips themselves.
  • Strengthens domestic production of key electronic components, potentially reducing reliance on foreign suppliers.
  • Potential creation of new jobs in the technology sector and increased economic security for the nation.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Peters, Gary C. [D-MI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

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