Senate Bill Subsidizing U.S. Semiconductor Production Clears House, Going to White House
Bill aims to strengthen American self-reliance in semiconductor chip production and international competition.

Bill aims to strengthen American self-reliance in semiconductor chip production and international competition.
WASHINGTON, July 29, 2022 – A $54 billion bill to subsidize U.S-made semiconductor chips passed the House Thursday on a 243-187, and moves to President Biden for his expected signature.
The agency had requested input on rules it could consider repealing.
Trump administration officials have also indicated that additional, sector-specific tariffs targeting electronics are on the way.
The bill establishes programs to attract high-impact industrial projects
State plans on three grants with awards between $1 million and $2 million each.