FABS Act
USA117th CongressHR-7104| House
| Updated: 3/16/2022
Michael T. McCaul
Republican Representative
Texas
Cosponsors (22)
John Katko (Republican)Elise M. Stefanik (Republican)Kay Granger (Republican)Markwayne Mullin (Republican)John R. Carter (Republican)Young Kim (Republican)Suzan K. DelBene (Democratic)Andrew R. Garbarino (Republican)Michael Waltz (Republican)Daniel T. Kildee (Democratic)Ro Khanna (Democratic)Joseph D. Morelle (Democratic)Pat Fallon (Republican)Elaine G. Luria (Democratic)Mike Kelly (Republican)Doris O. Matsui (Democratic)Peter Meijer (Republican)Julia Brownley (Democratic)Adam Kinzinger (Republican)Brian K. Fitzpatrick (Republican)Lori Trahan (Democratic)Elissa Slotkin (Democratic)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
FABS Act
USA117th CongressHR-7104| House
| Updated: 3/16/2022
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Michael T. McCaul
Republican Representative
Texas
Cosponsors (22)
John Katko (Republican)Elise M. Stefanik (Republican)Kay Granger (Republican)Markwayne Mullin (Republican)John R. Carter (Republican)Young Kim (Republican)Suzan K. DelBene (Democratic)Andrew R. Garbarino (Republican)Michael Waltz (Republican)Daniel T. Kildee (Democratic)Ro Khanna (Democratic)Joseph D. Morelle (Democratic)Pat Fallon (Republican)Elaine G. Luria (Democratic)Mike Kelly (Republican)Doris O. Matsui (Democratic)Peter Meijer (Republican)Julia Brownley (Democratic)Adam Kinzinger (Republican)Brian K. Fitzpatrick (Republican)Lori Trahan (Democratic)Elissa Slotkin (Democratic)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted