119-s97

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 97 Engrossed in Senate

    (ES) ]

<DOC>

119th CONGRESS
 1st Session
 S. 97

_______________________________________________________________________

 AN ACT

 To require SelectUSA to coordinate with State-level economic 
 development organizations to increase foreign direct investment in 
 semiconductor-related manufacturing and production.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Securing Semiconductor Supply Chains 
Act''.

SEC. 2. SELECTUSA DEFINED.

 In this Act, the term ``SelectUSA'' means the SelectUSA program of 
the Department of Commerce established by Executive Order 13577 (76 
Fed. Reg. 35715).

SEC. 3. FINDINGS.

 Congress makes the following findings:

    (1) Semiconductors underpin the United States and global 
 economies, including manufacturing sectors. Semiconductors are 
 also essential to the national security of the United States.

    (2) A shortage of semiconductors, brought about by the 
 COVID-19 pandemic and other complex factors impacting the 
 overall supply chain, has threatened the economic recovery of 
 the United States and industries that employ millions of United 
 States citizens.

    (3) Addressing current challenges and building resilience 
 against future risks requires ensuring a secure and stable 
 supply chain for semiconductors that will support the economic 
 and national security needs of the United States and its 
 allies.

    (4) The supply chain for semiconductors is complex and 
 global. While the United States plays a leading role in certain 
 segments of the semiconductor industry, securing the supply 
 chain requires onshoring, reshoring, or diversifying vulnerable 
 segments, such as for--
        (A) fabrication;
        (B) advanced packaging; and
            (C) materials and equipment used to manufacture 
 semiconductor products.

    (5) The Federal Government can leverage foreign direct 
 investment and private dollars to grow the domestic 
 manufacturing and production capacity of the United States for 
 vulnerable segments of the semiconductor supply chain.

    (6) The SelectUSA program of the Department of Commerce, in 
 coordination with other Federal agencies and State-level 
 economic development organizations, is positioned to boost 
 foreign direct investment in domestic manufacturing and to help 
 secure the semiconductor supply chain of the United States.

SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DEVELOPMENT 
 ORGANIZATIONS.

 Not later than 180 days after the date of the enactment of this 
Act, the Executive Director of SelectUSA shall solicit comments from 
State-level economic development organizations--

    (1) to review--
        (A) what efforts the Federal Government can take to 
 support increased foreign direct investment in any 
 segment of semiconductor-related production;
        (B) what barriers to such investment may exist and 
 how to amplify State efforts to attract such 
 investment;
            (C) public opportunities those organizations have 
 identified to attract foreign direct investment to help 
 increase investment described in subparagraph
        (A) ; and
            (D) resource gaps or other challenges that prevent 
 those organizations from increasing such investment; 
 and

    (2) to develop recommendations for--
        (A) how SelectUSA can increase such investment 
 independently or through partnership with those 
 organizations; and
        (B) working with countries that are allies or 
 partners of the United States to ensure that foreign 
 adversaries (as defined in 

section 8
            (c) (2) of the 
 Secure and Trusted Communications Networks Act of 2019 
 (47 U.S.C. 1607
            (c) (2) )) do not benefit from United 
 States efforts to increase such investment.

SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVESTMENT IN 
 SEMICONDUCTOR-RELATED MANUFACTURING AND PRODUCTION.

 Not later than 2 years after the date of the enactment of this Act, 
the Executive Director of SelectUSA, in coordination with the Federal 
Interagency Investment Working Group established by Executive Order 
13577 (76 Fed. Reg. 35,715; relating to establishment of the SelectUSA 
Initiative), shall submit to the Committee on Commerce, Science, and 
Transportation of the Senate and the Committee on Energy and Commerce 
of the House of Representatives a report that includes--

    (1) a review of the comments SelectUSA received from State-
 level economic development organizations under 

section 4;

    (2) a description of activities SelectUSA is engaged in to 
 increase foreign direct investment in semiconductor-related 
 manufacturing and production; and

    (3) an assessment of strategies SelectUSA may implement to 
 achieve an increase in such investment and to help secure the 
 United States supply chain for semiconductors, including by--
        (A) working with other relevant Federal agencies; 
 and
        (B) working with State-level economic development 
 organizations and implementing any strategies or 
 recommendations SelectUSA received from those 
 organizations.

SEC. 6. NO ADDITIONAL FUNDS.

 No additional funds are authorized to be appropriated for the 
purpose of carrying out this Act. The Executive Director of SelectUSA 
shall carry out this Act using amounts otherwise available to the 
Executive Director for such purposes.

 Passed the Senate May 20, 2025.

 Attest:

 Secretary.
119th CONGRESS

 1st Session

 S. 97

_______________________________________________________________________

 AN ACT

 To require SelectUSA to coordinate with State-level economic 
 development organizations to increase foreign direct investment in 
 semiconductor-related manufacturing and production.