Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act This bill establishes measures to incentivize semiconductor and microelectronics manufacturing. These measures include creating (1) a financial assistance program for investment in semiconductor facilities and equipment, (2) a public-private partnership with the Department of Defense to ensure the development and production of secure microelectronics, and (3) a Multilateral Semiconductors Security Fund to support the development and adoption of secure semiconductors and semiconductor supply chains.
Advanced technology and technological innovationsAdvisory bodiesAsiaBusiness investment and capitalChinaCompetitiveness, trade promotion, trade deficitsComputers and information technologyComputer security and identity theftCongressional oversightDiplomacy, foreign officials, Americans abroadEmployment and training programsEspionage and treasonExecutive agency funding and structureExecutive Office of the PresidentForeign and international corporationsForeign propertyGovernment studies and investigationsGovernment trust fundsIndustrial facilitiesIntellectual propertyIntelligence activities, surveillance, classified informationLicensing and registrationsManufacturingMilitary assistance, sales, and agreementsMilitary procurement, research, weapons developmentMinority employmentPublic contracts and procurementPublic-private cooperationResearch administration and fundingResearch and developmentTerrorismTrade restrictionsTrade secrets and economic espionage
Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act
USA116th CongressS-4982| Senate
| Updated: 12/8/2020
Creating Helpful Incentives for Producing Semiconductors for America and Foundries Act This bill establishes measures to incentivize semiconductor and microelectronics manufacturing. These measures include creating (1) a financial assistance program for investment in semiconductor facilities and equipment, (2) a public-private partnership with the Department of Defense to ensure the development and production of secure microelectronics, and (3) a Multilateral Semiconductors Security Fund to support the development and adoption of secure semiconductors and semiconductor supply chains.
Advanced technology and technological innovationsAdvisory bodiesAsiaBusiness investment and capitalChinaCompetitiveness, trade promotion, trade deficitsComputers and information technologyComputer security and identity theftCongressional oversightDiplomacy, foreign officials, Americans abroadEmployment and training programsEspionage and treasonExecutive agency funding and structureExecutive Office of the PresidentForeign and international corporationsForeign propertyGovernment studies and investigationsGovernment trust fundsIndustrial facilitiesIntellectual propertyIntelligence activities, surveillance, classified informationLicensing and registrationsManufacturingMilitary assistance, sales, and agreementsMilitary procurement, research, weapons developmentMinority employmentPublic contracts and procurementPublic-private cooperationResearch administration and fundingResearch and developmentTerrorismTrade restrictionsTrade secrets and economic espionage